ACC 573 Focus Dreams/uophelp.com

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ACC 573 Focus Dreams/uophelp.com

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ACC 573 Final Exam Guide

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• To calculate a company's average tax rate an
  analyst would
• The accumulated benefit obligation measures
• The major difference between accounting for
  pensions and the accounting for other
  postretirement benefits is that firms
• 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
• The date on which a firm commits itself to a
  formal plan to

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ACC 573 Midterm Exam Guide

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• ACC 573 Midterm Exam Guide
• The two categories of shareholders' equity
  usually found on the balance sheet of a
  corporation are
• 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?
• The use of acquisition cost as a valuation method
  is justified on the basis that acquisition

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ACC 573 Week 1 DQ 1

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• 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.

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ACC 573 Week 1 DQ 2

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• 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.

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ACC 573 Week 2 DQ 1

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• As a CFO of a publically traded
  company, suggest how you would create an ethical
  environment to ensure account balances are
  correctly valued and reported so that information
  is reliable for users. Provide support for your
  rationale.
• 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.

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ACC 573 Week 2 DQ 2

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• 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

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ACC 573 Week 3 Assignment 1 Financial Statement
Restatement and Ethics

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• Write a two to three (2-3) page paper in
  which you
• 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.
• Evaluate the restatement in terms of managements
  

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ACC 573 Week 3 DQ 1

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• 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.

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ACC 573 Week 4 DQ 1

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• 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.
• As a CFO of a publically traded company, evaluate
  the pros and cons of using off-balance-sheet
  financing, including a recommendation as to
  whether or not you support using these types of
  arrangements. Provide support for your
  recommendation.

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ACC 573 Week 4 DQ 2

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• 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.
• As an investor, recommend a strategy for
  evaluating long-lived asset values contained on
  the balance sheet of a publically traded company
  so as to minimize the risk to the investor.
  Provide support for your strategy.

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ACC 573 Week 5 DQ 1

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• 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.

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ACC 573 Week 5 DQ 2

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• Assess the risks associated with derivatives
  instruments, indicating how these risks may be
  minimized for a publically traded company.
  Provide support for your rationale.
• 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

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ACC 573 Week 6 DQ 1

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• 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.
• Assess the impact to the Public Accounting
  Profession with the creation of the PACOB and the
  inability of the profession to be self-regulated.
  Indicate your level of support for the federal
  regulation of the profession. Provide a rationale
  for your response.

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ACC 573 Week 6 DQ 2

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• 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.

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ACC 573 Week 7 Assignment 2 Accounting Quality

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• Write a four to five (4-5) page paper in which
  you
• 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.
• Suggest how corporate management can provide
  assurances to investors that the performance
  forecast and expected earnings will be realized,
  minimizing the volatility

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ACC 573 Week 7 DQ 1

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• 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

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ACC 565 Final Exam Guide

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• ACC 565 Final Exam Guide
• Question 1
• Barbara sells a house with an FMV of 170,000 to
  her daughter for 120,000. From this transaction,
  Barbara is deemed to have made a gift (before the
  annual exclusion) of
• Question 2
• If a state has adopted the Revised Uniform
  Principal and Income Act, which of the following
  statements is correct?
• Question 3

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ACC 573 Week 7 DQ 2

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• 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.

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ACC 573 Week 8 DQ 1

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• 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.

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ACC 573 Week 8 DQ 2

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• 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.
• Assess which cash-flow variables are the most
  sensitive to change and the likely impact on a
  firms valuation. Provide support for your
  answer.

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ACC 573 Week 9 DQ 1

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• 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.

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ACC 573 Week 9 DQ 2

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• 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.

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ACC 573 Week 10 Assignment 3 Company Valuation
(Facebook IPO)

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• Write a five to six (5-6) page paper in which
  you
• Evaluate the valuation and method used to
  determine the Initial Public Offering value of
  Facebook stock, indicating any miscalculations in
  the valuation that may have mislead potential
  investors and how these errors may have been
  minimized. Provide support for your response.
• Assess the performance of the stock within the
  first year of the public offering, indicating the
  drivers of the performance and the resulting
  impact to the company performance.

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ACC 573 Week 10 DQ 1

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• 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.

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ACC 573 Focus Dreams/uophelp.com

• For more course tutorials visit
• www.uophelp.com