ACC 541 Course Marvelous learning / tutorialrank.com - PowerPoint PPT Presentation

About This Presentation
Title:

ACC 541 Course Marvelous learning / tutorialrank.com

Description:

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) – PowerPoint PPT presentation

Number of Views:10
Slides: 22
Provided by: huntrobertson30

less

Transcript and Presenter's Notes

Title: ACC 541 Course Marvelous learning / tutorialrank.com


1
ACC 541 Course Marvelous learning/
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 541 Course Marvelous learning/
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)
3
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 1 DQ 1 (UOP Course)
For more course tutorials visit   www.tutorialra
nk.com   What is the importance of the mission of
the FASB?
4
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 1 DQ 2 (UOP Course)
For more course tutorials visit   www.tutorial
rank.com   Under current GAAP, goodwill is
recorded when purchased
5
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 1 Individual Assignment Accounting
Standards Boards Paper (UOP Course)
For more course tutorials visit   www.tutorialrank
.com   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.
6
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 2 DQ 1 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Wh
at 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.)
7
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 2 DQ 2 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Un
der current GAAP, goodwill is recorded when
purchased
8
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 2 Individual Assignment Client
Understanding Paper (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   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
9
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 3 DQ 1 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Ca
pital leases and operating leases are the two
classifications of leases described in FASB
pronouncements from the standpoint of the lessee.
10
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 3 DQ 2 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   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
11
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 3 Individual Assignment Response to
Client Request I (UOP Course) For more course
tutorials visit   www.tutorialrank.com  
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.
12
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 4 DQ 1 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   Discuss contingencies and
how they are reported on financial statements.
What conditions must be met before a contingency
can be charged against income?
13
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 4 DQ 2 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   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.
14
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 4 Individual Assignment Response to
Client Request II (UOP Course) For more course
tutorials visit   www.tutorialrank.com   Y
our 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.
15
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 5 DQ 1 (UOP Course) For more
course tutorials visit   www.tutorialrank.com   Ex
plain operating segments of an enterprise.
16
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 5 DQ 2 (UOP Course) For more
course tutorials visit   www.tutorialrank.com
  The concept of adequate disclosure continues to
be one of the most important issues facing
accountants, and disclosure may take various
forms.
17
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 5 Individual Assignment Reporting
Paper (UOP Course) For more
course tutorials visit   www.tutorialrank.com 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 to your CEO, and
your CEO wants to eliminate the segments.
18
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 6 DQ 1 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   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.
19
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 6 DQ 2 (UOP Course) For more
course tutorials visit  
www.tutorialrank.com   What type of accounting or
which area of accounting are you planning to
enter as your profession? Why?
20
ACC 541 Course Marvelous learning/
tutorialrank.com
ACC 541 Week 6 Team Assignment Auditing a
Publicly Traded Company (UOP Course) For more
course tutorials visit   www.tutorialrank.com   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.
21
ACC 541 Course Marvelous learning/
tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
Write a Comment
User Comments (0)
About PowerShow.com