Title: ACC 573 ASSIST Great Stories /acc573assist.com
1ACC 573 ASSIST Great Stories - acc573assist.com
2ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Final Exam Guide FOR MORE CLASSES VISIT
www.acc573assist.com 1. To calculate a
company's average tax rate an analyst would 2.
The accumulated benefit obligation measures 3.
The major difference between accounting for
pensions and the accounting for other
postretirement benefits is that firms
3ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Midterm Exam Guide FOR MORE CLASSES VISIT
www.acc573assist.com ACC 573 Midterm Exam
Guide 1. The two categories of shareholders'
equity usually found on the balance sheet of a
corporation are 2. 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
4ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 1 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
5ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 1 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
6ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 2 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com Assess how the GAAP
and IFRS convergence project has 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.
7ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 2 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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-
8ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 3 Assignment 1 Financial Statement
Restatement and Ethics FOR MORE CLASSES VISIT
www.acc573assist.com Write a two to three
(2-3) page paper in which you 1. 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.
9ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 3 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
10ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 4 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
11ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 4 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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
12ACC 573 ASSIST Great Stories - acc573assist.com
ACC573 Week 5 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
13ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 5 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
14ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 6 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
15ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 6 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
16ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 7 Assignment 2 Accounting
Quality FOR MORE CLASSES VISIT www.acc573assist.
com Write a four to five (4-5) page paper in
which you 1. 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.
17ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 7 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
18ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 7 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
19ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 8 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
20ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 8 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
21ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 9 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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
22ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 9 DQ 2 FOR MORE CLASSES VISIT
www.acc573assist.com 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.
23ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 10 Assignment 3 Company Valuation
(Facebook IPO) FOR MORE CLASSES VISIT
www.acc573assist.com Write a five to six
(5-6) page paper in which you 1. 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.
24ACC 573 ASSIST Great Stories - acc573assist.com
ACC 573 Week 10 DQ 1 FOR MORE CLASSES VISIT
www.acc573assist.com 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
25ACC 573 ASSIST Great Stories - acc573assist.com