ACC 541 Education Organization / snaptutorial.com

1
ACC 541 Education Organization / snaptutorial.com
2
ACC 541 Education Organization / snaptutorial.com
ACC 541 Entire Course     For more classes
visits www.snaptutorial.com     ACC 541 Week 1
Individual Assignment Accounting Standards Boards
Paper ACC 541 Week 1 DQ 1 ACC 541 Week 1 DQ 2 ACC
541 Week 2 Individual Assignment Client
Understanding Paper
3
ACC 541 Education Organization / snaptutorial.com
ACC 541 Final Exam   For more classes
visit www.snaptutorial.com   estion 95 
 Application of the full disclosure
principle   Question 54   The omission of the
adjusting entry to record depreciation expense
will result in an   Question 84   What should be
the balance of retained earnings at December 31,
2017?
4
ACC 541 Education Organization / snaptutorial.com
ACC 541 Midterm Exam     For more classes
visits www.snaptutorial.com     Question 21 
 Generally accepted accounting principles   Questi
on 47  Which of the following does not relate to
relevance?   Question 34   The difference between
the accounting proce
5
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 1 DQ 1     For more classes
visits www.snaptutorial.com     Week 1 DQ
1 What is the importance of the mission of the
FASB?
6
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 1 DQ 2     For more classes
visits www.snaptutorial.com     Week 1 DQ
2 Under current GAAP, goodwill is recorded when
purchased.
7
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 1 Recommendation for Accounting
Rules and Standard     For more classes
visits www.snaptutorial.com     ACC 541 Week 1
Recommendation for Accounting Rules and Standard
8
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 2 DQ 1     For more classes
visits www.snaptutorial.com     Week 2 DQ
1 What are the four criteria used for
determining  if a lease is to be treated as a
capital lease? (This question can be expanded to
discuss the income statement and balance sheet
implications of both a capital lease and an
operating lease.)
9
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 2 DQ 2     For more classes
visits www.snaptutorial.com         Week 2 DQ
2 Under current GAAP, goodwill is recorded when
purchased.
10
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 2 Team IFRS or GAAP
Recommendation     For more classes
visits www.snaptutorial.com     Client X operates
in the US currently and is planning to expand
operations globally next year. As a result,
management is considering preparing financial
statements in accordance with IFRS rather than
with US GAAP.
11
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 3 DQ 1     For more classes
visits www.snaptutorial.com       Week 3 DQ
1 Capital leases and operating leases are the two
classifications of leases described in FASB
pronouncements from the standpoint of the lessee.
12
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 3 DQ 2     For more classes
visits www.snaptutorial.com     Week 3 DQ 2 On
January 1, 2006, Von Company entered into two
noncancelable leases for new machines to be used
in its manufacturing operations. The first lease
does not contain a bargain purchase option the
lease term is equal to 80 percent of
13
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 4 Assignment Codification Research
Case (Ch 18- Revenue Recognition)     For more
classes visits www.snaptutorial.com     (a) What
is the authoritative literature addressing
revenue recognition when right of return
exists? (b) What is meant by right of return?
Bill and hold? (c) Describe the accounting when
there is a right of return.
14
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 4 DQ 1     For more classes
visits www.snaptutorial.com   Week 4 DQ
1 Discuss contingencies and how they are reported
on financial statements. What conditions must be
met before a contingency can be charged against
income?
15
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 4 DQ 2     For more classes
visits www.snaptutorial.com       Week 4 DQ
2 The two basic requirements for the accrual of a
loss contingency are supported by several basic
concepts of accounting. Four of these concepts
are periodicity (time periods), measurement,
objectivity, and relevance.
16
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 4 Team Memo to Client     For more
classes visits www.snaptutorial.com     Debate
with your team the Codification Research Case.
Have half the team support the sales manager's
position and another part of the team support the
CFOs position.
17
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 5 DQ 1     For more classes
visits www.snaptutorial.com   Week 5 DQ
1 Explain operating segments of an enterprise.
18
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 5 DQ 2     For more classes
visits www.snaptutorial.com     Week 5 DQ 2 The
concept of adequate disclosure continues to be
one of the most important issues facing
accountants, and disclosure may take various
forms. Discuss the various forms of disclosure
available in published financial statements.
19
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 5 TeamMemo Fair Value Reporting and
Pension Plan (2 Papers)     For more classes
visits www.snaptutorial.com     Discuss the
research results with your team, and come to a
consensus. Additionally, the client is
considering offering a pension plan to its
employees next year.
20
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 6 DQ 1     For more classes
visits www.snaptutorial.com   Week 6 DQ 1 A
corporation may use stock splits and stock
dividends to change the number of shares of its
stock outstanding. From an accounting viewpoint,
explain how the stock split effected in the form
21
ACC 541 Education Organization / snaptutorial.com
ACC 541 Week 6 DQ 2     For more classes
visits www.snaptutorial.com   Week 6 DQ 2 What
type of accounting or which area of accounting
are you planning to enter as your profession?
Why?
22
ACC 541 Education Organization / snaptutorial.com