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• ACC 423 Final Exam Guide 1

• ACC 423 Entire Course

• ACC 423 Week 1 Discussion Question 1 
• ACC 423 Week 1 Discussion Question 2 
• ACC 423 Week 1 DQ (New)
• ACC 423 Week 1 Individual Assignment Owners
  Equity Paper
• ACC 423 Week 2 Discussion Question 1
• ACC 423 Week 2 Discussion Question 2
• ACC 423 Week 2 Team Assignment (Concepts for
  Analysis CA16-4) (New)
• ACC 423 Week 2 Learning Team Reflection

• Question 1
•  
• Buttercup Corporation issued 250 shares of 11
  par value common stock for 4,125. Prepare
  Buttercup journal entry. 
• Question 2
• Wilco Corporation has the following account
  balances at December 31, 2012.
• Common stock, 5 par value 511,670
• Treasury stock 95,260
• Retained earnings 2,400,840

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• ACC 423 Week 1 Discussion Question 1

• ACC 423 Final Exam Guide 2

• 1) When the cash proceeds from a bond issued with
  detachable stock warrants exceed the sum of the
  par value of the bonds and the fair market value
  of the warrants, the excess should be credited to
  
• A. premium on bonds payable.
• B. retained earnings.
• C. a liability account.
• D. additional paid-in capital from stock
  warrants.

• Why do companies offer stock options? What is
  the experience of either your organization or an
  organization that you are familiar with when it
  comes to stock option compensation? Should stock
  option compensation be included as an expense
  when calculating an organizations net income?
  Explain why or why not. If so, how should the
  amount of expense be calculated?

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• ACC 423 Week 1 Discussion Question 2

• ACC 423 Week 1 DQ

• Why do companies offer stock options? Should
  stock-option compensation be included as an
  expense when calculating an organization's net
  income? Explain why or why not. if so, how should
  the amount of expense be calculated?
• What is the experience of either your
  organization or an organization that you are
  familiar with when it comes to stock option
  compensation?
•  

• What are the differences between basic and
  diluted earnings per share? What are the
  differences between the numerator and the
  denominator in the basic and diluted earnings per
  share calculations? What actions can an
  organization take in order to improve their
  earnings per share?

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• ACC 423 Week 1 Individual Assignment Owners
  Equity Paper

• ACC 423 Week 1 Summary

• Resources Intermediate Accounting and Electronic
  Reserve Readings
•  repare a 700- to 1,050-word response to the
  following questions
•   Why is it important to keep paid-in
  capital separate from earned capital?
•   As an investor, is paid-in capital or
  earned capital more important? Explain why.
•   As an investor, are basic or diluted
  earnings per share more important? Explain why.

• Discuss the objectives for Week One. How do they
  relate to the practice of accounting and its uses
  in business?
• Distinguish between paid-in and earned
  capital.
• Record journal entries related to common,
  preferred, and treasury stock.
• Record journal entries related to the various
  types of dividends.
• Calculate basic and diluted earnings per
  share (EPS).
• Evaluate the various accounting treatments
  for stock compensation.

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• ACC 423 Week 2 Discussion Question 1

• ACC 423 Week 2 Discussion Question 2

• What are the differences between traditional and
  derivative instruments? Why do companies use
  derivative instruments? Explain whether or not
  derivatives are a good investment. What
  experience do you have with either traditional or
  derivative instruments in your organization or an
  organization that you are familiar with?

• Why do companies make investments in other
  companies? What are the differences between debt
  and equity investments? What is the experience of
  either your organization or an organization that
  you are familiar with when it comes to debt
  and/or equity investments? What would influence a
  company to choose equity or debt as an investment?

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• ACC 423 Week 2 DQ

• ACC 423 Week 2 Individual WileyPLUS Assignment
  E15-13 (a,b) , P15-1 , E16-20 , P16-7

• Resource Intermediate Accounting
•  Prepare written responses to the following
  assignments from the text
•   Ch.15 Excercise E15-13 (ab) and Problem
  P15-1
•  Ch.16 Exercise E16-20 and Problem P16-7

• What are the differences between traditional and
  derivative instruments? Why do companies use
  derivative instruments? Are derivatives a good
  investment? Explain why or why not.
• Why do companies make investments in other
  companies? What are the differences between debt
  and equity investments? What would influence a
  company to choose equity or debt as an
  investment?
•  

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• ACC 423 Week 2 Learning Team Assignment P15-3 ,
  P16-6 , P16-8 And CA16-4

• ACC 423 Week 2 Learning Team Reflection

• Resource Intermediate Accounting
•  Prepare written responses to the following
  assignments from the text
• Ch. 15 Problem P15-3
•  
• Ch. 16 Problems P16-6P16-8 and Concepts for
  Analysis CA16-4

• Discuss the objectives for Week One. How do they
  relate to the practice of accounting and its uses
  in business?
• Distinguish between paid-in and earned
  capital.
• Record journal entries related to common,
  preferred, and treasury stock.
• Record journal entries related to the various
  types of dividends.
• Calculate basic and diluted earnings per
  share (EPS).
• Evaluate the various accounting treatments
  for stock compensation.
•  

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• ACC 423 Week 2 Team Assignment (Concepts for
  Analysis CA16-4)

• ACC 423 Week 3 Discussion Question 1

• Prepare written responses to the following
  assignments from Ch. 16 of Intermediate
  Accounting
• Concepts for Analysis CA16-4
• Click the Assignment Files tab to submit your
  assignment

• Why are there differences between taxable and
  financial income? What are some examples of
  permanent and temporary differences? Why do these
  differences exist? How do they affect the
  financial statements? What experience do you
  have with either taxable and financial income
  and/or permanent and temporary differences in
  your organization or an organization that you are
  familiar with?

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• ACC 423 Week 3 Discussion Question 2

• ACC 423 Week 3 DQ

• How are the tax benefits of net operating losses
  (NOL) disclosed on financial statements? Which is
  more beneficial to an organization, an NOL carry
  forward or an NOL carry back? Explain why. What
  experience do you have with NOL in your
  organization or an organization that you are
  familiar with? When would a company decide to
  forego a NOL carry back?

• Why are there between taxable and financial
  income? What are some example of payment and
  temporary differences? Why do these differences
  exist? How do they affect financial statements.
•  How they deferred tax assets and deferred tax
  liabilities derived?
• How do they relate to the difference between tax
  expenses and tax payable? How could an
  organization have a tax receivable? Why is tax
  expenses reported on the income statement
  comprised of current and deferred tax?
•  

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• ACC 423 Week 3 Individual Wiley PLUS Assignment
  Exercise E17 to 7 , E17 to12 , Problem P17 to 3
  And P17 to 8 (a and c)

• ACC 423 Week 3 Learning Team Assignment from the
  Text (CA 17-1)

• Resource Intermediate Accounting
• Prepare written responses to the following
  assignments from the text
•  Ch. 17 Exercises E17-7 E17-12 and Problems
  P17-3 P17-8 (ac)

• Prepare written responses to the following
  assignments from Ch. 17 of Intermediate
  Accounting
• Concepts for Analysis CA17-1
• Click the Assignment Files tab to submit your
  assignment.

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• ACC 423 Week 3 Learning Team Assignment P17 -1
  And P17 9

• ACC 423 Week 3 Learning Team Reflection

• Resource Intermediate Accounting
•  
• Prepare written responses to the following
  assignments from the text
•  Ch.17 Problems P17-1 P17-9

• Discuss the objectives for Week Two. How do they
  relate to the practice of accounting and its uses
  in business?
•  
• Distinguish between debt and equity
  investments.
• Classify securities as available-for-sale,
  held-to-maturity, or trading.
• Determine when to use the fair value and
  equity methods of accounting for investments.
• Prepare journal entries for investments using
  the fair value and the equity method..

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• ACC 423 Week 4 Discussion Question 1

• ACC 423 Week 4 Discussion Question 2

• What are the differences and similarities between
  a defined contribution plan and a defined benefit
  plan? As an employee, explain why you would
  rather have a defined contribution plan or a
  defined benefit plan? What experience do you have
  with pension plans in your organization or an
  organization that you are familiar with? As an
  employer, explain why you would rather offer a
  defined contribution plan or a defined benefit
  plan to your employees?

• What are the components of pension expense? How
  do the components of pension expense differ among
  the various types of contribution and benefit
  plans? How is the interest rate determined? Why
  are prior service costs amortized? Based on your
  knowledge of the components of pension, what
  would make you more or less likely to invest in a
  company?

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• ACC 423 Week 4 DQ

• ACC 423 Week 4 Individual WileyPLUS Assignment
  Exercise E19-6, E19-9 , Problem P19-1 And P19-3

• What are the differences and similarities between
  a defined contribution plan and a defined benefit
  plan? As an employee, would you rather have
  defined contribution plan or a defined benefit
  plan? Explain your answer. As an employer, would
  you rather offer a defined contribution plan or a
  defined benefit plan? Explain answer.
• What are the components of pension expense? How
  is the interest rate determined? Why are prior
  service costs amortized? How do the components of
  pension expense differ among the various types of
  contribution and benefit Plans?
•  

• Resource Intermediate Accounting
• Prepare written responses to the following
  assignments from the text
• Ch. 19 Exercises E19-6 E19-9 and Problems
  P19-1P19-3

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• ACC 423 Week 4 Learning Team Assignment P19 - 2
  And P19 7

• ACC 423 Week 4 Learning Team Reflection

• Resource Intermediate Accounting
•  
• Prepare written responses to the following
  assignments from the text
• Ch.19 Problems P19-2 P19-7

• Discuss the objectives for Week Three. How do
  they relate to the practice of accounting and its
  uses in business?
• Differentiate between temporary and permanent
  differences.
• Calculate current and deferred tax assets and
  liabilities.
• Write a 350- to 500-word summary of your Learning
  Teams discussion.
• Click the Assignment Files tab to submit your
  assignment.

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• ACC 423 Week 5 Discussion Question 1

• ACC 423 Week 5 Discussion Question 2

• What is a change in accounting principle? How do
  you determine if a change in principle should be
  reported retroactively, currently, or
  prospectively? How do these changes affect the
  financial statements? What experience do you
  have with change in accounting principle in your
  organization or an organization you are familiar
  with?

• What are the differences between counterbalancing
  and non counterbalancing errors? What are some
  examples of counterbalancing and non
  counterbalancing errors? How are each handled?
  What experience do you have with counterbalancing
  and/or non counter balancing errors in your
  organization or an organization that you are
  familiar with? Does it matter if the books are
  closed? Explain why or why not.

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• ACC 423 Week 5 DQ

• ACC 423 Week 5 Individual Wiley PLUS Assignment
  Exercise E20-7, Problem P20-4, Exercise E22-19,
  Problem P22-6

• What is a change in accounting principle? How do
  you determinate if a change in principle should
  be reported retroactively, currently or
  prospectively? How do these changes affect
  financial statements?
• Why do accountants make errors? What types of
  errors may occur? Why is it necessary to correct
  them? Whit are the ramifications of not
  correcting errors? What are some examples of
  counterbalancing errors?

• Resource Intermediate Accounting
• Prepare written responses to the following
  assignments from the text
•   Ch.20 Exercise E20-7 and Problem
  P20-4
• Ch.22 Exercise E22-19 ad Problem P22-6

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• ACC 423 Week 5 Learning Team Assignment P20 - 8
  And P22 3

• ACC 423 Week 5 Learning Team Reflection

• Resource Intermediate Accounting
•  
• Prepare written responses to the following
  assignments from the text
• Ch.20 Problem P20-8
•  
• Ch.22 Problem P22-3

• Discuss the objectives for Week Four and Five.
  How do they relate to the practice of accounting
  and its uses in business?
•  
• Differentiate between a defined contribution
  and a benefit plan.
• Determine the components of pension expense.
• Calculate pension liability and expense.
• Prepare journal entries associated with
  changes in accounting principles, reporting
  entities, and estimates.

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