ACC 548 Experience Tradition / newtonhelp.com

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ACC 548 Experience Tradition / newtonhelp.com
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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Assignment Balancing the Budget
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• ACC 548 Assignment Balancing the Budget
• What are the relevant facts?
• Who is affected?
• Who are the major parties in this case?
• What are the ethical conflicts in this case?

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Assignment Comprehensive Annual Financial
  Report Assignment
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• Comprehensive Annual Financial Report Assignment
• Does the government contribute to one or more
  pension plans? Are they defined benefit or
  defined contribution plans? If they are defined
  benefit plans, are they single employer
  (maintained by the government itself) or
  multiple-employer.
• Does the government report pension expenses or
  expenditures? If so, in which fund or funds?

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Assignment New Donors
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• Prepare a 10- to 12-slide presentation using a
  modality of your choice.
• Include the following
• Describe the mission and purpose of your
  organization.
• Differentiate between private and government
  not-for-profit organizations.
• List the primary sources of funding for the
  organization? How are the revenues classified? Be
  sure to include dollar amounts.

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 1 Assignment Ex 1-1, Ex 1-3, Ex 2-2,
  Ex 2-5, Ex 3-1, Ex 3-5
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• EX 1-1
• 2.  If businesses are governed by the
  marketplace, governments are governed by
• 4.  In governments, in contrast to businesses,
• 6.  The number of governmental units in the
  United States is approximately
• 8.  Interperiod equity refers to a condition
  whereby
• 10. Which of the following is not one of the
  FASB's financial reporting objectives?
• EX. 13 Internet-based exercise
• 1.                  Visit the GASB website
  (www.gasb.org)
• a)      What is the GASB?
• b)     What is the mission of GASB?
• Based on GASB's White Paper, Why Governmental
  Accounting and Financial Reporting Is and Should
  Be Different, describe the key environmental
  differences between governments and for-profit
  business enterprises

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 1 Comprehensive Annual Financial
  Report Briefing
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• ACC 548 Week 1 Comprehensive Annual Financial
  Report Briefing
• Select a government entity of your choice.  It
  can be a state, county, city, town, school
  district, or any other government entity.
  Preferably select one in which you have a vested
  interest, such as where you live, work or send
  your kids to school.

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 1 Textbook Problem (Ex 2-6, Problem
  3-1)
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• Exercise 2-6 and Problem 3-1
• Lets begin with Exercise 2-6. For each of the
  following transactions, I will indicate the fund
  in which each transaction would most likely be
  recorded
• 1. The city collects 3 million of taxes on
  behalf of the county in which it is located

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 1 Textbook Problem (P 1-10, P 2-8)
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• P. 1-10
• a) Suppose you were asked to propose accounting
  principles for external reporting that would
  capture the true economic nature of these
  measure-actions that, in substance, did not
  improve the citys fiscal performance or
  condition. For each measure, indicate how you
  would require that it be accounted for and
  reported?

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 2 Assignment E4-3, E5-6, E6-4, E6-7
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• Complete the following exercises from Government
  and Not-for-Profit Accounting
• E4-3
• E5-6
• E6-4
• E6-7
• Click the Assignment Files tab to submit your
  assignment

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 2 Ex 5-3, 6-4, Problem 4-15
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• This is a customized work, please send us the
  details at uopashinfo_at_gmail.comwe will provide
  the assignment

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 2 Government Funds
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• ACC 548 Week 2 Government Funds
• Review the CAFR obtained in Week One. Review the
  types of government funds used by the entity.
• Prepare a new Power Point presentation for the
  new Board members.  The presentation should be
  between 8 to 10 slides and include the
  following  

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 2 Sources of Revenue
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• ACC 548 Week 2 Sources of Revenue
• Prepare an Excel workbook that contains a
  separate spreadsheet for each individual
  government entity.  The spreadsheets should list
  the following
• The principle sources of revenues for the general
  fund
• The primary expenditures made out of the general
  fund of each government entity.  In other words,
  how does the general fund get and spend its
  money.  Be sure to include dollar amounts.

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 2 Textbook Problem (P4-2, P6-1)
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• P. 4-2
• 1. The state in which Beanville is located
  collects sales taxes for its cities and other
  local governments. The state permits small
  merchants to remit sales taxes quarterly. The
  state sales tax rate is 6 percent. In December
  2016, city merchants collected 50 million in
  sales taxes that they remitted to the state on
  January 15, 2017. The state, in turn, transferred
  the taxes to the city on February 15, 2017.

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 3 Assignment E7-3, E8-4
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• Complete the following exercises from Government
  and Not-for-Profit Organizations
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• E7-3
• E8-4
• Click the Assignment Files tab to submit your
  assignment.
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• P. 7-3
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• Which is the proper value to be assigned to
  certain donated assets? (This is a question for
  which answers cannot be found in either GASB
  pronouncements or in this text.)
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• A citys road maintenance department received
  donations of two types of assets
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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 3 Proprietary Funds
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• ACC 548 Week 3 Proprietary Funds
• Review the CAFR obtained in Week One. Review the
  types of proprietary funds used by the government
  entity.
• Prepare a new Microsoft PowerPoint presentation
  for the new Board members.  The presentation
  should be between 8 to 10 slides and include the
  following  

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 3 Textbook Problem (Ex 7-3, Ex 8-6)
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• A city engaged in the following transactions
  during a year
• 1. It acquired computer equipment at a cost of
  40,000.
• It completed construction of a new jail,
  incurring 245,000 in new costs. In the previous
  year the city had incurred 2.5 million in
  construction costs. The project was accounted for
  in a capital projects fund
• 2. It sold for 16,000 land that it had acquired
  three years earlier for 28,000.

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 3 Textbook Problem 7-6
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• P. 7-6
• The schedule of capital assets has a significant
  impact on the reconciliations between fund and
  government-wide statements.
• 1. As required by GASB Statement No. 34, the
  annual report includes reconciliations between
  (1) total fund balance, governmental funds (per
  the funds statements), and net position of
  governmental activities (per the government-wide
  statements) and (2) net change in fund balance,
  governmental funds (per the funds statements),
  and change in net position of governmental
  activities (per the government-wide statements).

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 4 Pensions
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• ACC 548 Week 4 Pensions
• Prepare a paper of no more than 1,050 words that
  answers the following questions for each state
• What type of pension fund does the state provide
  to employees
• How is the pension fund actually funded who
  pays for it
• Is the pension fully funded
• What pay and benefits are provided by the pension
• How much is currently in the pension fund
• What is the current pension liability for the
  state

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 4 Permanent and Fiduciary Funds
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• ACC 548 Week 4 Permanent and Fiduciary Funds
• Review the CAFR obtained in Week One. Review the
  types of fiduciary funds used by the government
  entity.
• Prepare a new Power Point presentation for the
  new Board members.  The presentation should be
  between 8 to 10 slides and include the
  following  

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 4 Textbook Problem Exercise 10 1-6
  8 and Problem 11-7
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• This is a customized work, please send us the
  details at uopashinfo_at_gmail.comwe will provide
  the assignment

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 4 Textbook Problem P10-3
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• Fiduciary Fund Problem
• 1. Journal entriesPrivate purpose trust fund
• 2. Closing entries
• 3. Statement of fiduciary net assets

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 5 Accounting for Not-for-Profit
  Organizations Presentation
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• ACC 548 Week 5 Accounting for Not-for-Profit
  Organizations
• Prepare a Power Point presentation of between 12
  to 15 slides accomplishing the following
• Describe the purposes, characteristics, funding
  and accounting for not-for-profit organizations.
• Differentiate accounting between private and
  government not-for-profit organizations.
• Describe the purpose, characteristics, funding
  and accounting for colleges and universities.

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 5 Not-for-Profit Organizations
  Sources of Funding and Primary Expenditures
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• ACC 548 Week 5 Not-for-Profit Organizations
  Sources of Funding and Primary Expenditures
• Write a paper of no more than 1,050 words that
  answers the following questions for each site
• What is the mission and purpose of each
  organization
• What are the primary sources of funding for each
• What are the primary expenditures for each
• How successful is each entity in terms of meeting
  its mission and staying fiscally solvent

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 5 Textbook Problem P12-8 (pg. 584)
  EX13-1 (1,2,3,4,5,8,9,10 MC)
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• P12-8 (pg. 584) EX13-1 (1,2,3,4,5,8,9,10 MC
• WEEK FIVE TEXT BOOK PROBLEMS
• P12-8 (pg. 584) EX13-1 (1,2,3,4,5,8,9,10 MC
• P. 12-8
• The financial condition of a not-for-profit can
  be assessed, in part, with traditional financial
  ratios.
• Review the financial statements of the March of
  Dimes for 2013 as presented in Table 12-8.
• 1. Comment as best you can (even in the absence
  of guidelines as to what constitutes norms for
  comparable foundations) on the fiscal strength of
  the organization as of December 31, 2013, with
  respect to
• 1. Liquidity

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 6 Appropriations Text Problem
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• In a recent year, the Commission received an
  appropriation of 100 million. Of this amount, it
  spent only 80 million. Assuming that the
  appropriation does not lapse, how would the
  unspent 20 million be reported on the
  Commission's year-end balance sheet?

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ACC 548 Experience Tradition / newtonhelp.com

• ACC 548 Week 6 Federal Budgeting and Accounting
  (Paper and PPT)
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• ACC 548 Week 6 Federal Budgeting and Accounting
• Review the federal budget and the budget tables
  for the U.S. federal government.
•  Prepare an 8- to 10-slide Microsoft PowerPoint 
  presentation focusing on the federal budget for
  fiscal year (FY) 2015.  Answer the following
• What are the total revenues and expenditures
  projected for FY15 (Table S-1)
• Is the FY15 budget projecting a surplus or a
  deficit in spending, and by how much (Table S-1)

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ACC 548 Experience Tradition / newtonhelp.com