Title: ACC 541 Learning Consultant / snaptutorial.com
1ACC 541 learning consultant / snaptutorial.com
For More Tutorials
www.snaptutorial.com
2ACC 541 learning consultant / 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 - ACC 541 Week 2 DQ 1
- ACC 541 Week 2 DQ 2
- ACC 541 Week 3 Individual Assignment Response to
Client Request I - ACC 541 Week 3 DQ 1
- ACC 541 Week 3 DQ 2
- Week 1 DQ 1
- What is the importance of the mission of the
FASB? -
3ACC 541learning consultant / snaptutorial.com
- ACC 541 Week 1 Individual Assignment Accounting
Standards Boards Paper
- Week 1 DQ 2
- Under current GAAP, goodwill is recorded when
purchased. -
- The International Accounting Standards Board
(IASB) and the Financial Accounting Standards
Board (FASB) are currently working on a joint
venture referred to as the convergence project. - Write a 1,050- to 1,400-word paper describing the
relationship between the IASB and the FASB.
Include the following in your paper
4ACC 541learning consultant / snaptutorial.com
- Week 2 DQ 2
- Under current GAAP, goodwill is recorded when
purchased.
- 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.) -
5ACC 541learning consultant / snaptutorial.com
- ACC 541 Week 2 Individual Assignment Client
Understanding Paper
- As a newly hired Staff I, you are responsible for
analyzing the work papers for one of the clients
of your organization. Your client is not clear
about why you are asking for information on the
following topics -
- Adjusting lower cost of market
inventory on valuation - Capitalizing interest on building
construction - Recording gain or loss on asset
disposal - Adjusting goodwill for impairment
- 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. - Describe how an operating lease would be
accounted for by the lessee both at the inception
of the lease and during the first year of the
lease,
6ACC 541learning consultant / snaptutorial.com
- ACC 541 Week 3 Individual Assignment Response to
Client Request I
- 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 economic life of the machine.
- While working on a consulting engagement, a
supervisor in your team has given you an
assignment. The client is a regional trucking
company. A new customer has approached the client
with an opportunity that would require 120
trailers20 more than the trucking company
currently owns. The client is uncertain how long
the relationship with the customer may last, but
the deal has the potential for significant
growth. -
7ACC 541learning consultant / snaptutorial.com
- What is tax research? What is the purpose of
conducting tax research? Are results of tax
research conclusive? Explain your response.
-
- 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. - Discuss how the two basic requirements for
accrual of a loss contingency relate to the four
concepts listed above.
8ACC 541learning consultant / snaptutorial.com
- ACC 541 Week 4 Individual Assignment Response to
Client Request II
- Your client is being sued. You have asked the
clients lawyer about the possibility of losing
the lawsuit. The client, meanwhile, has asked you
to describe what would happen to his or her
financial statements. The client has also
informed you that by losing the lawsuit, he or
she anticipates losing the mortgage and has
started talking to a mortgage lender. The client
wants to know if part of the debt is forgiven, or
if the mortgage is rewritten, or if the mortgage
will be rewritten if he or she files Chapter 11.
- Week 5 DQ 1
- Explain operating segments of an enterprise.
- Week 5 DQ 1
- Explain operating segments of an enterprise.
-
9ACC 541learning consultant / snaptutorial.com
- ACC 541 Week 5 Individual Assignment Reporting
Paper
- 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.
- You are a controller in a midsized manufacturing
company that has acquired 100 of another
company. The acquired company includes two
segments and two different pension plans. Both of
these reporting issues are new to your CEO, and
your CEO wants to eliminate the segments. -
10ACC 541learning consultant / 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 of a dividend
differs from an ordinary stock dividend.
- Week 6 DQ 2
- What type of accounting or which area of
accounting are you planning to enter as your
profession? Why?
11ACC 541learning consultant / snaptutorial.com
- ACC 541 Week 6 Team Assignment Auditing a
Publicly Traded Company
- As a Staff I assigned to the audit of a publicly
traded company, your senior has asked you to
evaluate both share-based payment reporting and
special purpose entities (SPE) reporting for the
company. -
- Research share-based payment reporting and SPE
reporting individually. -
12ACC 541learning consultant / snaptutorial.com
For More Tutorials
www.snaptutorial.com