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ACC 440 Tutorials / acc440dotcom

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ACC 440 Tutorials / acc440dotcom

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  1. ACC 440 Tutorials / acc440dotcom

  2. ACC 440 Tutorials ACC 440 Entire Course ACC 440 Week 1 Discussion Question 1 • ACC 440 Week 1 Discussion Question 1 • ACC 440 Week 1 Discussion Question 2 • ACC 440 Week 1 Individual Assignment Ch. 2 Text Exercises C2-1 And E2-1 • ACC 440 Week 2 Discussion Question 1 • What is the significance of goodwill in the consolidation process? Why is it necessary to determine goodwill impairment? Do you agree with the change in accounting for goodwill? Why or why not?

  3. ACC 440 Tutorials ACC 440 Week 1 Discussion Question 2 ACC 440 Week 1 Individual Assignment Ch. 2 Text Exercises C2-1 And E2-1 • Define the cost and equity methods or accounting for an investment. Under what circumstances would you use the cost or equity method of accounting for an investment? • Resource: Ch. 2 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 2 of the text: • C2-1: Choice of Accounting Method • E2-1: Use of Cost and Equity Methods

  4. ACC 440 Tutorials ACC 440 Week 2 Discussion Question 1 ACC 440 Week 2 Discussion Question 2 • How are foreign exchange gains and losses reported? • Why do companies hedge? Why would some companies choose not to hedge?

  5. ACC 440 Tutorials ACC 440 Week 2 Individual Assignment C12-3 Paper ACC 440 Week 2 Learning Team Assignment E1-2 And P1-31 • Cite all resources. If you use an electronic source, include the link. If you use an additional printed source, attach a copy of the data to your paper. • Resource: Ch. 1 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 1 of the text: • ·E1-2: Multiple-Choice Questions on Recording Business Combinations • P1-31: Journal Entries to Record a Business Combination

  6. ACC 440 Tutorials ACC 440 Week 3 Discussion Question 1 ACC 440 Week 3 Discussion Question 2 • What are some of the issues we may run into when consolidating financial statements at period end? What types of transactions need to be addressed in a consolidation? • Why do most parent companies acquire 100 percent ownership of the subsidiary when 51 percent would grant them economic control?What are the economic reasons supporting more than a 51 percent ownership level?

  7. ACC 440 Tutorials ACC 440 Week 3 Individual Assignment Ch. 12 Exercise P12-17 Template ACC 440 Week 3 Learning Team Assignment Ch. 11 Exercise Q11-1 And Q11-10 • Prepare a solution to the P12-17: Translation, Journal Entries, Consolidated Comprehensive Income, and Stockholders’ Equity exercise from Ch. 12 of the text. • Locate the Schedule Template on the student website to complete this exercise. • Resource: Ch. 11 of Advanced Financial Accounting • Prepare solutions to the Q11-1–Q11-10 exercises from Ch. 11 of the text.

  8. ACC 440 Tutorials ACC 440 Week 4 Discussion Question 1 ACC 440 Week 4 Discussion Question 2 • What are some issues to consider before investing in another company? • What effect does a negative retained earnings balance on the subsidiary’s books have on consolidation procedures?

  9. ACC 440 Tutorials ACC 440 Week 4 Individual Assignment Q4-1, Q4-3, Q4-9, P5-30 ACC 440 Week 4 Learning Team Ch. 3 And 4 Assignment E3-8, C4-1 • Resource: Ch. 4 & 5 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 4 & 5 of the text: • · Q4-1–Q4-3 & Q4-9 • P5-30: Incomplete Data • Resource: Ch. 3 & 4 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 3 & 4 of the text: • · E3-8: Subsidiary Acquired for Cash • C4-1: Need for Consolidation Process

  10. ACC 440 Tutorials ACC 440 Week 5 Discussion Question 1 ACC 440 Week 5 Discussion Question 2 • When are profits on inter-corporate sales considered to be realized? Explain. • What dollar amounts in the consolidated financial statements will be incorrect if intercompany services are not eliminated?

  11. ACC 440 Tutorials ACC 440 Week 5 Individual Assignment Ch. 5 and Ch. 10 Exercise E5-13, P5-32, C10-1 ACC 440 Week 5 Learning Team Assignment Ch. 6 and Ch. 10 Exercise E6-11 ,E10-5, E10-6 • Resources: Ch. 5 & 10 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 5 & 10 of the text: • · E5-13: Consolidation after One Year of Ownership • · P5-32: Consolidation Workpaper at End of First Year of Ownership. • Resources: Ch. 6 & 10 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 6 & 10 of the text: • E6-11: Upstream Sale of Equipment in Prior Period • E10-5: Preparation of Statement of Cash Flows

  12. ACC 440 Tutorials

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