ACC 548 Inspiring Innovation--snaptutorial.com

1
ACC 548 Inspiring Innovation--snaptutorial.com
2
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Assignment Balancing the Budget   For
more classes visit www.snaptutorial.com   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?
3
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Assignment Comprehensive Annual Financial
Report Assignment   For more classes
visit www.snaptutorial.com   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
4
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Assignment New Donors   For more classes
visit www.snaptutorial.com   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.
5
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 1 Assignment Ex 1-1, Ex 1-3, Ex 2-2,
Ex 2-5, Ex 3-1, Ex 3-5   For more classes
visit www.snaptutorial.com   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
6
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 1 Comprehensive Annual Financial
Report Briefing   For more classes
visit www.snaptutorial.com   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. Obtain the Comprehensive
Annual Financial Report
7
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 1 Textbook Problem (Ex 2-6, Problem
3-1)   For more classes visit www.snaptutorial.com
  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  2. It spends 4 million to pave city
streets, using the proceeds of a city gasoline
tax dedicated for road and
8
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 1 Textbook Problem (P 1-10, P
2-8) For more classes visit www.snaptutorial.com  
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?  b) It reduced by 1 million the
city's cash transfer to a rainy day reserve
maintained to cover possible future
9
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 2 Assignment E4-3, E5-6, E6-4,
E6-7 For more classes visit www.snaptutorial.com  
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
10
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 2 Ex 5-3, 6-4, Problem 4-15   For
more classes visit www.snaptutorial.com   This is
a customized work, please send us the details at
uopashinfo_at_gmail.comwe will provide the assignment
11
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 2 Government Funds   For more
classes visit www.snaptutorial.com   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   A description of the
purpose and characteristics of the general fund
and special revenue funds.
12
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 2 Sources of Revenue For more
classes visit www.snaptutorial.com   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.
13
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 2 Textbook Problem (P4-2, P6-1) For
more classes visit www.snaptutorial.com   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
14
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 3 Assignment E7-3, E8-4   For more
classes visit www.snaptutorial.com   Complete the
following exercises from  Government and
Not-for-Profit Organizations E7-3 E8-4 Click the
Assignment Files tab to submit your
assignment. P. 7-3 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.) A
citys road maintenance department received
donations of two types of assets
15
ACC 548 Inspiring Innovation--snaptutorial.com
  ACC 548 Week 3 Proprietary Funds   For more
classes visit www.snaptutorial.com   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   A description of the purpose, types,
and characteristics of proprietary funds.
16
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 3 Textbook Problem (Ex 7-3, Ex
8-6)   For more classes visit www.snaptutorial.com
  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.
17
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 3 Textbook Problem 7-6   For more
classes visit www.snaptutorial.com   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
18
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 4 DQs   For more classes
visit www.snaptutorial.com   1. How is a private
purpose trust fund different from a permanent
fund? 2. What typically are the main adjustments
relating to capital assets and long-term
obligations required to convert the government
funds statement of revenues and expenditures to
the government-wide statement of activities?
19
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 4 Pensions   For more classes
visit www.snaptutorial.com   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
20
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 4 Permanent and Fiduciary   For more
classes visit www.snaptutorial.com   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   A description of the purpose, types,
and characteristics of fiduciary funds. A
description of the purpose of a permanent fund
and how it differs from fiduciary funds.
21
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 4 Textbook Problem Exercise 10 1-6
8 and Problem 11-7   For more classes
visit www.snaptutorial.com   This is a customized
work, please send us the details at
uopashinfo_at_gmail.comwe will provide the assignment
22
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 4 Textbook Problem P10-3   For more
classes visit www.snaptutorial.com   Fiduciary
Fund Problem   1. Journal entriesPrivate purpose
trust fund 2. Closing entries 3. Statement of
fiduciary net assets
23
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 5 Accounting for Not-for-Profit
Organizations Presentation   For more classes
visit www.snaptutorial.com   ACC 548 Week 5
Accounting for Not-for-Profit Organizations Prepar
e 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.
24
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 5 Not-for-Profit Organizations
Sources of Funding and Primary Expenditures   For
more classes visit www.snaptutorial.com   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
25
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 5 Textbook Problem P12-8 (pg. 584)
EX13-1 (1,2,3,4,5,8,9,10 MC)   For more classes
visit www.snaptutorial.com   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.
26
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 6 Appropriations Text Problem   For
more classes visit www.snaptutorial.com   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?
27
ACC 548 Inspiring Innovation--snaptutorial.com
ACC 548 Week 6 Federal Budgeting and Accounting
(Paper and PPT)   For more classes
visit www.snaptutorial.com   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)
28
ACC 548 Inspiring Innovation--snaptutorial.com