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Title: ACC 541 Course Inspiring Minds/tutorialrank.com


1
ACC 541 Course Inspiring Minds/tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Entire Course (UOP Course) For more
course tutorials visit  
www.tutorialrank.com     ACC 541 Week 1
Individual Assignment Accounting Standards Boards
Paper (UOP Course) ACC 541 Week 1 DQ 1 (UOP
Course) ACC 541 Week 1 DQ 2 (UOP Course) ACC 541
Week 2 Individual Assignment Client Understanding
Paper (UOP Course)
3
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 1 DQ 1 (UOP Course)
For more course tutorials visit   www.tutorialra
nk.com   Tutorial Purchased 2 Times, Rating
B   What is the importance of the mission of the
FASB?
4
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 1 DQ 2 (UOP Course)
For more course tutorials visit   www.tutorial
rank.com   Tutorial Purchased 1 Times, Rating
No rating Under current GAAP, goodwill is
recorded when purchased
5
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 1 DQ 2 (UOP Course)
For more course tutorials visit   www.tutorial
rank.com   Tutorial Purchased 1 Times, Rating
No rating Under current GAAP, goodwill is
recorded when purchased
6
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 1 Individual Assignment Accounting
Standards Boards Paper (UOP Course)
For more course tutorials visit   www.tutorialrank
.com   Tutorial Purchased 3 Times, Rating
A   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
7
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 2 DQ 1 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Tu
torial Purchased 2 Times, Rating A   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.)
8
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 2 DQ 2 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Tu
torial Purchased 0 Times, Rating No
rating   Under current GAAP, goodwill is recorded
when purchased
9
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 2 Individual Assignment Client
Understanding Paper (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Tutorial Purchased 3
Times, Rating A   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  
10
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 3 DQ 1 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Tu
torial Purchased 1 Times, Rating  No
rating   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, assuming the lessee makes equal monthly
payments at the beginning of each
11
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 3 DQ 2 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Tutorial Purchased 2
Times, Rating B   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. The second lease contains a bargain
purchase option the lease term is equal to 50
percent of the estimated economic life of the
machine.
12
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 3 Individual Assignment Response to
Client Request I (UOP Course) For more course
tutorials visit   www.tutorialrank.com  
Tutorial Purchased 3 Times, Rating A   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. Assignment
Client Understanding Paper (UOP Course)
13
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 4 DQ 1 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Tutorial Purchased 2
Times, Rating B   Discuss contingencies and how
they are reported on financial statements. What
conditions must be met before a contingency can
be charged against income?
14
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 4 DQ 2 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Tutorial Purchased 1
Times, Rating No rating   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. Assignment Client
Understanding Paper (UOP Course)
15
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 4 Individual Assignment Response to
Client Request II (UOP Course) For more course
tutorials visit   www.tutorialrank.com   T
utorial Purchased 3 Times, Rating A   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 losinClient Understanding
Paper (UOP Course)
16
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 5 DQ 1 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Tu
torial Purchased 2 Times, Rating B   Explain
operating segments of an enterprise.
17
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 5 DQ 2 (UOP Course) For more
course tutorials visit   www.tutorialrank.com
  Tutorial Purchased 1 Times, Rating No
rating   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.
18
ACC 541 Course Inspiring Minds/tutorialrank.com
ACC 541 Week 5 Individual Assignment Reporting
Paper (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Tu
torial Purchased 3 Times, Rating A   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 Assignment Client Understanding
Paper (UOP Course)
19
ACC 541 Course Inspiring Minds/tutorialrank.com
  ACC 541 Week 6 DQ 1 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Tutorial Purchased 2
Times, Rating B     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. Course) ACC 541 Week
2 Individual Assignment Client Understanding
Paper (UOP Course)
20
ACC 541 Course Inspiring Minds/tutorialrank.com
  ACC 541 Week 6 DQ 2 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Tutorial Purchased 1
Times, Rating No rating   What type of
accounting or which area of accounting are you
planning to enter as your profession? Why? ment
Client Understanding Paper (UOP Course)
21
ACC 541 Course Inspiring Minds/tutorialrank.com
  ACC 541 Week 6 Team Assignment Auditing a
Publicly Traded Company (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Tu
torial Purchased 3 Times, Rating A   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.  
22
ACC 541 Course Inspiring Minds/tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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