ACC 541 Extraordinary Success - snaptutorial.com

1
ACC 541 Extraordinary Success - snaptutorial.com
2
ACC 541 Extraordinary Success - 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
3
ACC 541 Extraordinary Success - snaptutorial.com
ACC 541 Final Exam For more classes
visit www.snaptutorial.com   estion 95 
 Application of the full disclosure principle  
4
ACC 541 Extraordinary Success - snaptutorial.com
ACC 541 Midterm Exam   For more classes
visits www.snaptutorial.com           Question
21   Generally accepted accounting principles  
5
ACC 541 Extraordinary Success - 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 Extraordinary Success - 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 Extraordinary Success - 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 Extraordinary Success - 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 Extraordinary Success - 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 Extraordinary Success - 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 Extraordinary Success - 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 Extraordinary Success - snaptutorial.com
ACC 541 Week 3 DQ 1   For more classes
visits   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.
13
ACC 541 Extraordinary Success - 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 the
estimated
14
ACC 541 Extraordinary Success - 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?
15
ACC 541 Extraordinary Success - 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?
16
ACC 541 Extraordinary Success - 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.
17
ACC 541 Extraordinary Success - 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.
18
ACC 541 Extraordinary Success - 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.  
19
ACC 541 Extraordinary Success - 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.
20
ACC 541 Extraordinary Success - 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.
21
ACC 541 Extraordinary Success - 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.
22
ACC 541 Extraordinary Success - snaptutorial.com