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ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5<br>ACC 305 Week 1 DQ 1 FASB and Ethics<br>ACC 305 Week 1 DQ 2 Cash versus Accrual & Financial Disclosures<br>ACC 305 Week 2 DQ 1 Earnings Management Case 4-3<br>ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2<br>ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers<br>ACC 305 Week 2 Problem E4-19 Wainwright Corporation<br>ACC 305 Week 2 Problem E4-22 Tiger Enterprises<br>ACC 305 Week 2 Problem E5-3 Installment sales<br>ACC 305 Week 2 Problem E5-10 Project Contracts<br>ACC 305 Week 2 Problem Integrating Case 5-23<br>ACC 305 Week 2 Problem Judgment Case 4-9<br>ACC 305 Week 3 Communication Case 6-3<br>ACC 305 Week 3 Judgment Case 7-5<br>ACC 305 Week 3 P7-10, P7-14<br>ACC 305 Week 3 P7-14 El Gato Painting Company<br>ACC 305 Week 4 Communication Case 8-4<br>ACC 305 Week 4 Assignment E8-13, E8-14, E8-18, P8-5, E9-19, E9-21, P9-1.<br>ACC 305 Week 4 Ethics Case 9-11<br>ACC 305 Week 5 Ethics Case 10-12<br>ACC 305 Week 5 P11-5, P11-7<br>ACC 305 Week 5 Problem E11-5, E11-10<br>ACC 305 Week 5 Final Paper (FASB) <br>
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ACC 305 Entire Course (Ash Course) • ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5 • ACC 305 Week 1 DQ 1 FASB and Ethics • ACC 305 Week 1 DQ 2 Cash versus Accrual & Financial Disclosures • ACC 305 Week 2 DQ 1 Earnings Management Case 4-3 • ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2 • ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers • ACC 305 Week 2 Problem E4-19 Wainwright Corporation
ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5 (Ash Course) • ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5
ACC 305 Week 1 DQ 1 FASB and Ethics (Ash Course) • Research Case 1-3 (page 45) • The purpose of this case is to introduce you to the information available on the website of the Financial Accounting Standards Board (FASB). • Required: • Access the FASB home page on the Internet. The web address is www.fasb.org. Answer the following questions. • 1. Describe the mission of the FASB. • 2. Who are the current Board members? Briefly describe their backgrounds. • 3. How are topics added to the FASB’s technical agenda?
ACC 305 Week 1 DQ 2 Cash versus Accrual And Financial Disclosures (Ash Course) • Judgment Case 2-1 (page 109) • You have recently been hired by Davis & Company, a small public accounting firm. One of the firm’s partners, Alice Davis, has asked you to deal with a disgruntled client, Mr. Sean Pitt, owner of the city’s largest hardware store. Mr. Pitt is applying to a local bank for a substantial loan to remodel his store. The bank requires accrual based financial statements but Mr. Pitt has always kept the company’s records on a cash basis. He does not see the purpose of accrual based statements. His most recent outburst went
ACC 305 Week 2 DQ 1 Earnings Management Case 4-3 (Ash Course) • Judgment Case 4-3 (page 225) • Companies often are under pressure to meet or beat Wall Street earnings projections in order to increase stock prices and also to increase the value of stock options. Some resort to earnings management practices to artificially create desired results. • Required: • Is earnings management always intended to produce higher income? Explain.
ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2 (Ash Course) • Judgment Case 5-2 (page 291) • Revenue earned by a business enterprise is recognized for accounting purposes at different times, according to the circumstances. In some situations revenue is recognized approximately as it is earned in the economic sense. In other situations revenue is recognized at point of delivery. • Required: • 1. Explain and justify why revenue often is recognized as earned at point of delivery. • 2. Explain in what situations it would be useful to recognize revenue as the productive activity takes place.
ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers (Ash Course) • ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers
ACC 305 Week 2 Problem E4-19 Wainwright Corporation (Ash Course) • ACC 305 Week 2 Problem E4-19 Wainwright Corporation
ACC 305 Week 2 Problem E4-22 Tiger Enterprises (Ash Course) • ACC 305 Week 2 Problem E4-22 Tiger Enterprises
ACC 305 Week 2 Problem E5-3 Installment sales (Ash Course) • ACC 305 Week 2 Problem E5-3 Instalment sales
ACC 305 Week 2 Problem E5-10 Project Contracts (Ash Course) • ACC 305 Week 2 Problem E5-10 Project Contracts
ACC 305 Week 2 Problem Integrating Case 5-23 (Ash Course) • ACC 305 Week 2 Problem Integrating Case 5-23
ACC 305 TUTOR Education Expert/acc305tutordotcom FOR MORE CLASSES VISIT www.acc305tutor.com