BUS 591 Course Real Knowledge / bus591dotcom

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BUS 591 Course Real Knowledge / bus591dotcom
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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Entire Course (Ash)

• BUS 591 Week 1 DQ 1 Generally Accepted Accounting
  Principles (G.A.A.P.). (Ash)

• BUS 591 Week 1 DQ 1 Generally Accepted Accounting
  Principles (G.A.A.P.).
• BUS 591 Week 1 DQ 2 Annual Reports
• BUS 591 Week 1 Homework Problems
• BUS 591 Week 2 DQ 1 Debits and Credits
• BUS 591 Week 2 DQ 2 Revenue Expense

• Generally Accepted Accounting Principles
  (G.A.A.P.). Briefly discuss Generally Accepted
  Accounting Principles or G.A.A.P. What are they?
  What is their purpose? Name the U.S. and
  international standard-setting bodies that
  established these principles.

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 1 DQ 2 Annual Reports (Ash)

• BUS 591 Week 1 Homework Problems (Ash)

• Annual Reports. Visit the website for Tootsie
  Roll (www.tootsie.com). Click on Company
  Information then Financial Information. Open
  the latest annual report and review it to find
  the answers to the following questions

• Week One Homework Problems. Complete the
  following Workbook Template Week One or you may
  complete the Problem 1-3B on page 36, 1-4B on
  page 37 (Chapter 1) and Problem 2-7B on page 90
  (Chapter 2) of your text. Submit your work to
  your instructor by the posted due date. Show all
  your work in order to earn full credit

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 2 DQ 1 Debits and Credits (Ash)

• BUS 591 Week 2 DQ 2 Revenue Expense (Ash)

• Debits and Credits. Define debits and credits and
  explain how they are used to record business
  transactions. Is it true that debits always
  increase and credits always decrease? Why or why
  not?
• Respond to at least two of your classmates posts.

• Revenue Expense. Review the section called
  Investor Insight in Chapter 3 of your text
  which shows the major revenue and expense
  accounts of the Chicago Cubs baseball team.
  Considering the huge increase in professional
  baseball players salaries in the last decade,
  what do you think has happened to total expenses

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 2 Homework Problems (Ash)

• BUS 591 Week 3 DQ 1 Perpetual Inventory System
  (Ash)

• Week Two Homework Problems. Complete Workbook
  Template Week Two or you may find the problems
  3-2B on page 150 and 3-5B on page 151 from
  Chapter 3 of your text. Also complete problems
  E4-13, E4-14, E4-15, E4-16, E4-17, and E4-18 from
  Chapter 4. Submit your work to your instructor by
  the posted due date. Show all your work in order
  to earn full credit.
•  

• Perpetual Inventory System. Present a detailed
  explanation of the recording of purchases under a
  perpetual inventory system. Use hypothetical
  figures to illustrate the perpetual inventory
  system.

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 3 DQ 2 Inventory Valuation Methods
  (Ash)

• BUS 591 Week 3 Homework Problems (Ash)

• Inventory Valuation Methods. Identify the
  differences between F.I.F.O., L.I.F.O., and the
  average-cost method of inventory valuation. Be
  sure to include the effects of each method on
  cost of goods sold and net income in your answer.

• Week Three Homework Problems. Complete the
  following Workbook Template Week Three or you may
  complete the problems E5-2, E5-6 and P5-5B from
  Chapter 5 and Problems 6-2B and 6-3B Chapter 6.
  Submit your work to your instructor by the posted
  due date. Show all your work in order to earn
  full credit.

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 4 DQ 1 Why do I need accounting (Ash)

• BUS 591 Week 4 DQ 2 Sarbanes-Oxley Act of 2002
  (Ash)

• Why do I need accounting? Consider the following
  scenario Your friend (who is also in school)
  just emailed you to express frustration with his
  accounting class. In the email, he said, Why do
  I need to take accounting? What will I ever need
  to know about reporting and analyzing long-lived
  assets?

• Sarbanes-Oxley Act of 2002. Search the Internet
  and locate an annual financial report for a
  public U.S. company. Read the Notes to the
  Financial Statements to determine the criteria
  for cash equivalents and how cash and cash
  equivalents are handled. Discuss your findings.

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 4 Homework Problems (Ash)

• BUS 591 Week 5 DQ 1 Liabilities and Financial
  Analysis (Ash)

• Week Four Homework Problems. Complete the
  following Workbook Template Week Four or you may
  complete the problems P8-2B and P8-6B from
  Chapter 8 and Problems 9P-2B and P9-7B from
  Chapter 9. Submit your assignment to the
  instructor by the posted due date. Show all your
  work to earn full credit.

• Liabilities and Financial Analysis. Discuss
  current liabilities and long-term liabilities.
  What are the differences between the two?
  Illustrate your understanding of liabilities,
  making sure to identify major types of current
  liabilities. Respond to at least two of your
  classmates posts
•  

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 5 DQ 2 Colgates Annual Report (Ash)

• BUS 591 Week 5 Sarbanes-Oxley Act of 2002 Methods
  of Depreciation (Ash)

• Colgates Annual Report. Obtain a copy of
  Colgates annual report from the Online Library
  or from a valid academic source found elsewhere
  on the Internet. Use this information to answer
  the following questions. If researching online,
  go to the Colgate company website
  (http//www.colgate.com).

• Research and discuss the Sarbanes-Oxley Act of
  2002. Identify key components of the
  Sarbanes-Oxley Act of 2002, and its primary
  objective. What are some of the criticisms
  surrounding the Act? Are there any economic
  consequences for companies as a result of
  implementing the Act?

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 6 DQ 1 Indirect Method vs. Direct
  Method (Ash)

• BUS 591 Week 6 DQ 2 Horizontal vs. Vertical
  Analysis (Ash)

• Indirect Method vs. Direct Method. Financial
  statement preparers have two choices in preparing
  the statement of cash flows the indirect method
  and the direct method. The indirect method is
  used extensively in practice even though the
  F.A.S.B. has expressed a preference for the
  direct method.

• Horizontal vs. Vertical Analysis. Discuss the
  horizontal and vertical analysis of a financial
  statement, and how each is used to help financial
  statement users make better decisions. Also,
  explain the liquidity, solvency, and
  profitability ratios introduced throughout the
  text.

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BUS 591 Course Real Knowledge / bus591dotcom

• BUS 591 Week 6 Final Project (Ash)

• You should begin working on elements of the Final
  Project in Week One. Each week, there is a
  recommended learning activity associated with
  helping you complete the Final Project. There are
  ungraded and graded practice exercises, which
  will allow you to practice applying accounting
  skills learned in class to different scenarios.

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BUS 591 Course Real Knowledge / bus591dotcom
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