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ACC 497 GENIUS Education Your Life--acc497genius.com

FOR MORE CLASSES VISIT<br>www.acc497genius.com<br><br>This Tutorial contains knowledge Check as well (Please check Questions) ACC 497 Final Exam Guide (New, 2017) ACC 497 Week 1 Knowledge Check ACC 497 Week 2 Team Accounting for Employee Stock Options

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ACC 497 GENIUS Education Your Life--acc497genius.com

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  1. ACC 497 GENIUS Education Your Life--acc497genius.com

  2. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Entire Course (With New Final Guide) FOR MORE CLASSES VISIT www.acc497genius.com This Tutorial contains knowledge Check as well (Please check Questions) ACC 497 Final Exam Guide (New, 2017) ACC 497 Week 1 Knowledge Check ACC 497 Week 2 Team Accounting for Employee Stock Options ACC 497 Week 2 Accounting Ethics ACC 497 Week 2 Knowledge Check

  3. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Final Exam Guide (New, 2018) FOR MORE CLASSES VISIT www.acc497genius.com 1. An unmodified audit opinion rendered on a governmental unit's basic financial statements means those statements: Have been certified as free from error. Present the entity's financial position fairly in conformity with GAAP. Did not require modifications by the auditor. All of the above.

  4. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 1 Case Study Cash Basis or Accrual Basis? (2 Sets) • FOR MORE CLASSES VISIT • www.acc497genius.com • This Tutorial contains 2 different Papers • Resources: Brain Teaser 4: Cash Basis or Accrual Basis? in Ch. 4 of Mastery of the Financial Accounting Research System (FARS) Through Cases • Write a 350- to 700-word response to the questions that follow the case study.

  5. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 1 DQ 1 • FOR MORE CLASSES VISIT • www.acc497genius.com • What is the FASB Codification System? What is the purpose of the FASB Codification System? How can it be used to make better accounting decisions?

  6. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 1 DQ 2 • FOR MORE CLASSES VISIT • www.acc497genius.com • What are Generally Accepted Accounting Principles (GAAP)? How do GAAP affect financial reporting? How might GAAP need to change to accommodate today’s dynamic business environment?

  7. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 1 FASB Codification System (2 Papers) FOR MORE CLASSES VISIT www.acc497genius.com ACC 497 Week 1 FASB Codification System Access the FASB Online website and familiarize yourself with the contents. Write a 350- to 700-word paper in which you answer the following questions:  What is the FASB Codification System?  What is the purpose of the FASB Codification System?

  8. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 1 Individual Assignment FASB Codification System Orientation Paper • FOR MORE CLASSES VISIT • www.acc497genius.com • Resources: FASB Codification System website accessible through the FASB Online link located on your student website • Access the FASB Online website and familiarize yourself with the contents. • Write a 350-word paper in which you answer the following questions: • · What is the FASB Codification System? • · What is the purpose of the FASB Codification System?

  9. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 1 Knowledge Check FOR MORE CLASSES VISIT www.acc497genius.com 1. Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. $257,000. $178,000. $270,500. $142,500. $166,500. 2. If cash flow prediction is a company's primary reporting objective, this would likely result in:

  10. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 2 Accounting Ethics FOR MORE CLASSES VISIT www.acc497genius.com Review the following case study: When the FASB issues new standards, the implementation date is often 12 months from date of issuance, and early implementation is encouraged. Becky Hoger, controller, discusses with her financial vice president the need for early implementation of a standard that would result in a fairer presentation of the company's financial condition and earnings.

  11. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 2 Discussion (LIFO) • FOR MORE CLASSES VISIT • www.acc497genius.com • ACC 497 Week 2 Discussion Discuss the following:  Client X contacted you for clarification and recommendations on how the use of the LIFO method to value its inventories will be impacted if a switch to financial statements prepared in compliance with IFRS will be made.

  12. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 2 DQ 1 • FOR MORE CLASSES VISIT • www.acc497genius.com • What are at least three International Accounting Standards? Are these standards the same as U.S. standards? Explain your response. Is it necessary to have global standards? Explain your response.

  13. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 2 DQ 2 • FOR MORE CLASSES VISIT • www.acc497genius.com • What are some nonfinancial performance measures? What do they tell us about the performance of an organization? Why is it important for managers to include nonfinancial performance standards in their analysis of their operations?

  14. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 2 Individual Assignment Financial Statements Paper Part I (2 Papers) • FOR MORE CLASSES VISIT • www.acc497genius.com • This Tutorial contains 2 different Papers • Resources: Appendix A: The Home Depot, Inc. Annual Report in Fundamentals of Financial Accounting • Write a 1,050- to 1,750-word paper in which you answer the following questions: • · What does the Consolidated Statements of Earnings—the income statement—tell you about the company? Why is this statement important? What business decisions could be made using the income statement?

  15. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 2 Knowledge Check FOR MORE CLASSES VISIT www.acc497genius.com 1. Via Gelato is a popular neighborhood gelato shop. The company has provided the following data concerning its operations: While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example, wages should be $5,900 plus $1.70 per liter of gelato sold and the actual wages for June were $15,900.

  16. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 2 Team Accounting for Employee Stock Options FOR MORE CLASSES VISIT www.acc497genius.com Discuss with your team the following case study: Client X offers a generous employee compensation package that includes employee stock options. The exercise price has always been equal to the market price of the stock at the date of grant. The corporate controller, John Jones, believes that employee stock options, like all obligations to issue the corporation's own stock, are equity.

  17. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 2 Team Assignment Case Study Assignment (2 Papers) • FOR MORE CLASSES VISIT • www.acc497genius.com • This Tutorial contains 2 different Papers • Resources: Ch. 1 & 2 of Financial Accounting Theory and Analysis: Text and Cases • Write a 350-word response for each of the following cases answering the questions located at the end of each case. • Case 1-3 Politicalization of Accounting Standards in Ch. 1 • Case 1-4 Generally Accepted Accounting Principles in Ch. 1

  18. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 2 Textbook Cases Case 1-1, Case 1-3, Case 2-2 (New Syllabus) FOR MORE CLASSES VISIT www.acc497genius.com ACC 497 Week 2 Textbook Cases Write a 350- to 700-word response for each of the following cases answering the questions located at the end of each case.  Case 1-1 Generally Accepted Accounting Principles on page 28)

  19. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 3 Accounting for Investments FOR MORE CLASSES VISIT www.acc497genius.com Review the following case study: FASB ASC 320 requires companies to assign their portfolio of investment securities into: • Trading securities. • Securities available for sale. • Held-to-maturity securities. Write a response of no more than 1,500 words in which you answer the following: • Define each of these categories of securities and discuss the accounting treatment for each category.

  20. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 3 Knowledge Check FOR MORE CLASSES VISIT www.acc497genius.com 1. The estate of Monique Chablis earned $450 of income this year. Is the estate required to file an income tax return? 2. Congress would like to increase tax revenues by 5 percent. Assume that the average taxpayer in the United States earns $40,000 and pays an average tax rate of 20 percent.

  21. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 3 Learning Team Discussion (Interest Cost on Construction) • FOR MORE CLASSES VISIT • www.acc497genius.com • ACC 497 Week 3 Learning Team Discussion Discuss the following as a team:  Client X contacted you for clarification and recommendations regarding whether interest cost on construction of a new warehouse may be included in the cost of the new warehouse. Write a 350 word summary of the discussion.

  22. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 3 Team Assignment Interest Cost FOR MORE CLASSES VISIT www.acc497genius.com Discuss with your team the following case study: Client X contacted you for clarification and recommendations regarding whether the interest cost on construction of a new warehouse may be included in the cost of the new warehouse. Write a team consensus response of no more than 700 words to include the following:

  23. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 3 Textbook Problems (New Syllabus) FOR MORE CLASSES VISIT www.acc497genius.com ACC 497 Week 3 Textbook Problems Complete Problem Assignments 1-15. Click the Assignment Files tab to submit your assignment What are consumption taxes? Differentiate horizontal from vertical equity. When was the constitutional amendment permitting an income tax ratified? What is a sin tax?

  24. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 4 Income Tax Implication of Capital Investment Decisions FOR MORE CLASSES VISIT www.acc497genius.com Read the following case study: The Whitley Corporation's year-end is December 31. It is now October 1, 2013. The Whitley management team is taking a look at the prior nine months and attempting to make some short-term strategy decisions. Whitley has experienced steady growth over the five preceding years. The result has been a steadily increasing EPS. Last year, Whitley reported an EPS of 1.95.

  25. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 4 International Versus U.S. Standards • FOR MORE CLASSES VISIT • www.acc497genius.com • ACC 497 Week 4 International Versus U.S. Standards Write a 700- to 1,050-word response to the questions located at the end of the following case:  Case 3-5 International versus U.S. Standards (page 114) Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

  26. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 4 knowledge Check FOR MORE CLASSES VISIT www.acc497genius.com 1. A public entity changed from the straight-line method to the declining balance method of depreciation for all newly acquired assets. This change has no material effect on the current year’s financial statements but is reasonably certain to have a substantial effect in later years.

  27. ACC 497 GENIUS Education Your Life--acc497genius.com • ACC 497 Week 4 Learning Team Discussion (300 Words) • FOR MORE CLASSES VISIT • www.acc497genius.com • ACC 497 Week 4 Learning Team Discussion Discuss the following as a team:  Client X contacted you for clarification and recommendations regarding in what instances should goodwill be adjusted for impairment? Write a 350 word summary of the discussion.

  28. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 4 Team Goodwill FOR MORE CLASSES VISIT www.acc497genius.com Discuss with your team the following case study: Client X contacted you for clarification and recommendations regarding the instances when goodwill should be adjusted for impairment. Write a team consensus response of no more than 700 words to include the following: • Provide detailed rational of why goodwill must be adjusted for impairment. • List the tests for impairment.

  29. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 5 FARS Case (2 Papers) FOR MORE CLASSES VISIT www.acc497genius.com ACC 497 Week 5 FARS Case Write a 1,050- to 1,400-word response in which you address the following questions from Case 3, Charitable Contributions and Debt: A Comparison of St. Jude Children’s Research Hospital/ALSAC and Universal Health Services:

  30. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 5 Knowledge Check FOR MORE CLASSES VISIT www.acc497genius.com 1. Which of the following factors would not indicate that a potential component unit (PCU) imposes a financial burden or provides a financial benefit to the primary government? The primary government is obligated to provide financial support to the PCU. The primary government is obligated for the PCU's debt. The primary government is entitled to its share of any dividends distributed by the PCU. The primary government is entitled to the PCU's resources.

  31. ACC 497 GENIUS Education Your Life--acc497genius.com ACC 497 Week 5 Signature Assignment FARS Case FOR MORE CLASSES VISIT www.acc497genius.com About Your Signature Assignment Signature/Benchmark Assignments are designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree.

  32. ACC 497 GENIUS Education Your Life--acc497genius.com

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