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"For more classes visits www.snaptutorial.com ACC 573 Midterm Exam Guide ACC 573 Week 1 DQ 1 ACC 573 Week 1 DQ 2 ACC 573 Week 2 DQ 1 To Purchase This Material Click below Link ACC 573 Week 2 DQ 2 ACC 573 Week 3 Assignment 1 Financial Statement Restatement and Ethics " – PowerPoint PPT presentation

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Title: ACC 573 Begins Education / snaptutorial.com


1
ACC 568 Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Final Exam Guide Which of the following
is not part of the balance sheet approach when
computing income tax expense? The assessment of
earnings quality is best accomplished through the
use of which one of the following? Firm's choices
and estimates within U.S. GAAP should be
determined by
3
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Midterm Exam Guide When a firm
attempting to create unique products or services
for particular market niches, in order to achieve
relatively high profit margins, this is best
known as Which of the following economic
characteristics is consistent with a
pharmaceutical company? Which of the following
economic characteristics is consistent with a
commercial bank? Which of the following assets
appears on the balance sheet at fair value?
4
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 1 DQ 1   Based on your review of the
SEC reporting requirements as outlined in the
Sarbanes-Oxley Act, assess the adequacy of the
reporting requirements for providing credible
financial and operating information for company
stakeholders and potential investors, indicating
any gaps identified in the reporting. Provide
support for your rationale.
5
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 1 DQ 2   Assess how the GAAP and
IFRS convergence project has impacted SEC
reporting requirements, predicting the long-term
impact of the convergence on reporting. Provide a
rationale for your prediction.
6
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 2 DQ 1   Assess the ethical
requirements as outlined in the Sarbanes-Oxley
Act, indicating whether or not you believe the
requirements are adequate to ensure integrity in
financial accounting and reporting activities.
Suggest improvements that may be needed while
providing support for your rationale.
7
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 2 DQ 2   In todays business
environment where publicly traded companies feel
pressure to meet short-term earnings
expectations, management may be tempted to
manage earnings. Assess how a financial
statement user may be able to detect managed
earnings when reviewing the firms balance sheet,
income statement, and cash-flow statement.
Indicate how a potential investor might interpret
these red-flags. Provide support for your
rationale.
8
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 3 Assignment 1 Financial Statement
Restatement and Ethics Assess the factors that
contributed to the financial statement
restatement, signifying the executive management
teams attitude toward the restatement. Suggest
how the restatement may have been avoided during
the initial reporting process.Explain the impact
to the companys stock price when the restatement
was released and to future earnings forecast,
indicating whether or not you believe the impact
to the stock price was justified.
9
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 3 DQ 1 As part of the
Sarbanes-Oxley Act, corporate officers are no
longer able to pass the buck of responsibility
for ensuring adequate controls over financial
statements and reporting activities thus ensuring
the accuracy of financial statements. Assess the
adequacy of the provisions contained within the
Act, indicating whether or not you believe
requirements will improve the accuracy of
financial statements and reporting. Provide
support for your rationale.
10
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 4 DQ 1 Based on your review of the
current requirements of the SEC and FASB, assess
the adequacy of the guidelines for ensuring the
transparency of off-balance-sheet transactions to
investors, indicating where improvements may
still be needed. Provide support for your
rationale.
11
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 4 DQ 2 Based on the information
found in the e-Activity, assess the key
differences between U.S. GAAP and IFRS reporting
for the testing of asset impairment and the
requirement to write down the asset value.
Indicate whether or not you support the U.S. GAAP
or IFRS approach. Provide support for your
position.
12
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 5 DQ 1 Create an argument for the
use of Fair Market Accounting as opposed to
historical cost. Provide support for your
argument. Evaluate the effectiveness of the
accounting principle guidelines for determining
the market value of an asset, indicating
improvements to these guidelines. Provide support
for your recommendations. Create an argument for
the use of Fair Market Accounting as opposed to
historical cost. Provide support for your
argument.
13
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 5 DQ 2 As an investor, assess the
potential financial concerns to be raised when
reviewing the financial statements of a
publically traded company containing derivative
instruments providing a recommendation for how
the concerns may be identified and addressed. we
have to get ACC 573 DQs tomorrow and ACC 575 all
quizzes one assignment
14
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 6 DQ 1 The Sarbanes-Oxley (SOX) Act
was created with the intent of improving the
quality of accounting, reliability of financial
statements to investors, and providing oversight
to accounting professionals through the creation
of a new federal agency, Public Accounting
Company Oversight Board (PACOB). Create an
argument supporting whether SOX achieved these
goals, and whether financial data reported today
is more accurate and reliable than prior to the
Act. Provide support for your rationale.
15
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 6 DQ 2 Assess the impact to public
trust when a publically traded company restates
its financial data, indicating how negative
impressions may be minimized. Provide support for
your rationale.Evaluate the current trend of
companies restating financial statements.
Indicate the key drivers of this trend. Predict
the trend over the next five years, providing
support for your rationale.
16
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 7 Assignment 2 Accounting
Quality Assess the roles of the Board of
Directors and Chief Executive Officer of a public
company for establishing an ethical environment
that generates quality accounting and reliable
financial reporting for use by shareholders and
investors. Provide support for your assessment .
Recommend a strategy for a CEO to implement,
leading to an ethical environment that leads to
high-quality accounting, reporting, and
forecasting. Provide support for your
recommendation.
17
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 7 DQ 1 Assess the financial
performance forecasting process, identifying the
assumptions made that are most likely to cause a
gap between the forecast and actual performance.
Indicate how these gaps may be minimized. Provide
support for your rationale. Create an argument
supporting the value of forecasting to an
organization. Provide support for your argument.
18
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 7 DQ 2 Assess the market and
shareholder behaviors when a publically traded
company makes the decision not to pay dividends
to its shareholders, suggesting how management
should react to these behaviors. Provide support
for your rationale.Evaluate the factors that an
investor may consider when deciding whether or
not to invest in a company with a policy of
non-dividend payments. Indicate whether or not
you believe this a prudent choice for some
investors. Provide support for your rationale.
19
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 8 DQ 1 Create an argument that use
of the present value free cash-flow method has a
more beneficial economic meaning than
earnings-based methods. Provide support for your
argument.Assess the challenges related to using
the present value of the free cash-flow valuation
method in practice, suggesting how each of these
challenges may be overcome. Provide support for
your rationale.
20
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 8 DQ 2   Assess how the free
cash-flow method can be used when a company is
profitable yet the cash-flow values are expected
to be negative over the next five years,
indicating the likely impact on the valuation.
Provide support for your rationale.
21
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 9 DQ 1 Create an argument
supporting that using the earnings-based
valuation method yields the most accurate
results. Provide support for your argument.Assess
the challenges related to using the
earnings-based valuation method in practice,
suggesting how each of these challenges may be
overcome. Provide support for your rationale.
22
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 9 DQ 2 Evaluate the likely impact
on a firms valuation when using U.S. GAAP versus
IFRS accounting methods, indicating which
accounting standards you believe may yield a more
favorable result. Provide support for your
position.Determine how a firms valuation using
the earnings-based valuation method would be
impacted when using aggressive versus
conservative accounting. Provide evidence
supporting your conclusion.
23
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 10 Assignment 3 Company Valuation
(Facebook IPO) Assess how the GAAP and IFRS
convergence project has impacted SEC reporting
requirements, predicting the long-term impact of
the convergence on reporting. Provide a rationale
for your prediction.
24
ACC 568 Course Seek Your Dream / snaptutorial.com
ACC 573 Week 10 DQ 1 Create an argument
supporting that using the market-based valuation
method yields the most accurate results. Provide
support for your argument.Assess the challenges
related to using the market-based valuation
method in practice, suggesting how each of these
challenges may be overcome. Provide support for
your rationale.
25
ACC 568 Course Seek Your Dream / snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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