ACC 497 Future Starts Here/newtonhelp.com

1
ACC 497  Future Starts Here/newtonhelp.Com
2

• ACC 497 Entire Course (With New Final Guide)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•   This Tutorial contains knowledge Check as well
  (Please check Questions)
•  
•  
• ACC 497 Final Exam Guide (New, 2017)
• ACC 497 Week 1 Knowledge Check
• ACC 497 Week 2 Team Accounting for Employee Stock
  Options
• ACC 497 Week 2 Accounting Ethics

3

• ACC 497 Final Exam Guide (New, 2019)
•  
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•  
•   
• 1.
• An unmodified audit opinion rendered on a
  governmental unit's basic financial statements
  means those statements
•  
• Have been certified as free from error.
• Present the entity's financial position fairly in
  conformity with GAAP.
• Did not require modifications by the auditor.
• All of the above.
•  

4

• ACC 497 Week 1 Case Study Cash Basis or Accrual
  Basis? (2 Sets)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• This Tutorial contains two papers (different)
•  
• Resources Brain Teaser 4 Cash Basis or Accrual
  Basis? in Ch. 4 of Mastery of the Financial
  Accounting Research System (FARS) Through Cases
•  
• Write a 350- to 700-word response to the
  questions that follow the case study.
•  

5

• ACC 497 Week 1 DQ 1
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• What is the FASB Codification System? What is the
  purpose of the FASB Codification System? How can
  it be used to make better accounting decisions?

6

• ACC 497 Week 1 DQ 2
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
• What are Generally Accepted Accounting Principles
  (GAAP)? How do GAAP affect financial reporting?
  How might GAAP need to change to accommodate
  todays dynamic business environment?

7

• ACC 497 Week 1 FASB Codification System (2
  Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 1 FASB Codification System
• Access the FASB Online website and familiarize
  yourself with the contents.
• Write a 350- to 700-word paper in which you
  answer the following questions
• ? What is the FASB Codification System?

8

• ACC 497 Week 1 Individual Assignment FASB
  Codification System Orientation Paper
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• Resources FASB Codification System website
  accessible through the FASB Online link located
  on your student website
• Access the FASB Online website and familiarize
  yourself with the contents.
• Write a 350-word paper in which you answer the
  following questions

9

• ACC 497 Week 1 Knowledge Check
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• 1.
• Refer to the following selected financial
  information from McCormik, LLC. Compute the
  company's working capital for Year 2.
•  
• 257,000.
• 178,000.
• 270,500.
• 142,500.
• 166,500.

10

• ACC 497 Week 2 Accounting Ethics
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• Review the following case study
• When the FASB issues new standards, the
  implementation date is often 12 months from date
  of issuance, and early implementation is
  encouraged. Becky Hoger, controller,

11

• ACC 497 Week 2 Discussion (LIFO)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 2 Discussion
• Discuss the following
•   Client X contacted you for clarification and
  recommendations on how the use of the LIFO method
  to value its inventories will be impacted if a
  switch to financial statements prepared in
  compliance with IFRS will be made.

12

• ACC 497 Week 2 DQ 1
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
• What are at least three International Accounting
  Standards? Are these standards the same as U.S.
  standards? Explain your response. Is it necessary
  to have global standards? Explain your response.

13

• ACC 497 Week 2 DQ 2
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
•  
• What are some nonfinancial performance measures?
  What do they tell us about the performance of an
  organization? Why is it important for managers to
  include nonfinancial performance standards in
  their analysis of their operations?

14

• ACC 497 Week 2 Individual Assignment Financial
  Statements Paper Part I (2 Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• This Tutorial contains 2 different Papers
•  
• Resources Appendix A The Home Depot, Inc.
  Annual Report in Fundamentals of Financial
  Accounting
• Write a 1,050- to 1,750-word paper in which you
  answer the following questions
•  

15

• ACC 497 Week 2 Knowledge Check
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• 1.
• Via Gelato is a popular neighborhood gelato shop.
  The company has provided the following data
  concerning its operations
•  
• While gelato is sold by the cone or cup, the shop
  measures its activity in terms of the total
  number of liters of gelato sold. For example,

16

• ACC 497 Week 2 Team Accounting for Employee Stock
  Options
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• Discuss with your team the following case study
• Client X offers a generous employee compensation
  package that includes employee stock options. The
  exercise price has always been equal to the
  market price of the stock at the date of grant.
  The corporate controller, John Jones,

17

• ACC 497 Week 2 Team Assignment Case Study
  Assignment (2 Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• This Tutorial contains 2 different Papers
•  
• Resources Ch. 1 2 of Financial Accounting
  Theory and Analysis Text and Cases
• Write a 350-word response for each of the
  following cases answering the questions located
  at the end of each case.
•  

18

• ACC497 Week 2 Textbook Cases Case 1-1, Case 1-3,
  Case 2-2 (New Syllabus)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 2 Textbook Cases
• Write a 350- to 700-word response for each of the
  following cases answering the questions located
  at the end of each case.
• ? Case 1-1 Generally Accepted Accounting
  Principles on page 28)

19

• ACC 497 Week 3 Accounting for Investments
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
•  
• Review the following case study
• FASB ASC 320 requires companies to assign their
  portfolio of investment securities into
• Trading securities.
• Securities available for sale.

20

• ACC 497 Week 3 DQ 1
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• What is tax research? What is the purpose of
  conducting tax research? Are results of tax
  research conclusive? Explain your response.

21

• ACC 497 Week 3 DQ 2
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• What is the purpose of tax planning? How do we
  conduct tax planning? How could tax planning lead
  to unethical behavior?
• Resources Ch. 1 of Prentice Halls Federal
  Taxation 2011 Individuals
• Respond to the following problems by conducting
  tax research and including tax-planning advice

22

• ACC 497 Week 3 Individual Assignment Financial
  Statements Paper Part II (2 Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• This Tutorial contains 2 different Papers
•  
• Resources Appendix A, The Home Depot, Inc.
  Annual Report in Fundamentals of Financial
  Accounting
• Write a 1,050- to 1,750-word paper in which you
  address the following

23

• ACC 497 Week 3 Individual Assignment From the
  Readings Exercise 17(E1-17)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
• Resources Ch. 1 of Managerial Accounting Tools
  for Business Decision Making
• Prepare a written response to the following
  exercise
•  
• Exercise 17 (E1-17) at the end of Ch. 1

24

• ACC 497 Week 3 Knowledge Check
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• 1.
•  
• The estate of Monique Chablis earned 450 of
  income this year. Is the estate required to file
  an income tax return?
• 2.
• Congress would like to increase tax revenues by 5
  percent. Assume that the average taxpayer in the
  United States earns 40,000 and pays an average
  tax rate of 20 percent.
•  

25

• ACC 497 Week 3 Learning Team Assignment From the
  Reading (2 Sets)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• Resources Ch. 1 of Managerial Accounting Tools
  for Business Decision Making
• Write responses to the following assignment
•  
• Broadening Your Perspective, Managerial Analysis
  (BYP1-2) at the end of Ch. 1

26

• ACC 497 Week 3 Learning Team Case Study
  Assignment (2 Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
• This Tutorial contains 2 different Papers
•  
• Resources Case 3-5 International versus U.S.
  Standards in Ch. 3 of Financial Accounting Theory
  and Analysis Text and Cases
• Write a 350- to 700-word response to the
  questions located at the end of the case study.

27

• ACC 497 Week 3 Learning Team Discussion (Interest
  Cost on Construction)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 3 Learning Team Discussion
• Discuss the following as a team
•   Client X contacted you for clarification and
  recommendations regarding whether interest cost
  on construction of a new warehouse may be
  included in the cost of the new warehouse.
• Write a 350 word summary of the discussion.

28

• ACC 497 Week 3 Team Assignment Interest Cost
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
• Discuss with your team the following case study
• Client X contacted you for clarification and
  recommendations regarding whether the interest
  cost on construction of a new warehouse may be
  included in the cost of the new warehouse.
• Write a team consensus response of no more than
  700 words to include the following

29

• ACC 497 Week 3 Textbook Problems (New Syllabus)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•      
•  
• ACC 497 Week 3 Textbook Problems
• Complete Problem Assignments 1-15.
• Click the Assignment Files tab to submit your
  assignment
• What are consumption taxes?

30

• ACC 497 Week 4 DQ 1
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
• What are the risks and liability factors in an
  audit? What are the implications to the auditor?
  What are the implications to the organization?
  How can the auditor mitigate these risks and
  liability factors? 

31

• ACC 497 Week 4 DQ 2
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• What is the Sarbanes-Oxley Act? How does act
  affect the audits for the accounting firm and for
  the organization? Has the Sarbanes-Oxley Act
  improved the quality of the audit? Explain your
  response.

32

• ACC 497 Week 4 Income Tax Implication of Capital
  Investment Decisions
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
•  
• Read the following case study
• The Whitley Corporation's year-end is December
  31. It is now October 1, 2013. The Whitley
  management team is taking a look at the prior
  nine months and attempting to make some
  short-term strategy decisions.

33

• ACC 497 Week 4 Individual Assignment From the
  Reading
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
• ACC 497 Week 4 Individual Assignment From the
  Reading

34

• ACC 497 Week 4 International Versus U.S.
  Standards
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 4 International Versus U.S.
  Standards
• Write a 700- to 1,050-word response to the
  questions located at the end of the following
  case
• ? Case 3-5 International versus U.S. Standards
  (page 114)
• Format your paper consistent with APA guidelines.

35

• ACC 497 Week 4 knowledge Check
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
•  
• A public entity changed from the straight-line
  method to the declining balance method of
  depreciation for all newly acquired assets. This
  change has no material effect on the current
  years financial statements but is reasonably
  certain to have a substantial effect in later
  years.

36

• ACC 497 Week 4 Learning Team Assignment From the
  Reading
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
• Resources Ch. 15 of Prentice Halls Federal
  Taxation 2011 Individuals
• Conduct tax research and formulate tax-planning
  advice in your response to the following
  problems
•  
• I15-61 Tax Strategy Problem

37

• ACC 497 Week 4 Learning Team Discussion (300
  Words)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 4 Learning Team Discussion
• Discuss the following as a team
•   Client X contacted you for clarification and
  recommendations regarding in what instances
  should goodwill be adjusted for impairment?
• Write a 350 word summary of the discussion.

38

• ACC 497 Week 4 Team Goodwill
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• Discuss with your team the following case study
• Client X contacted you for clarification and
  recommendations regarding the instances when
  goodwill should be adjusted for impairment.
• Write a team consensus response of no more than
  700 words to include the following

39

• ACC 497 Week 5 DQ 1
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• What are the differences in reporting guidance in
  a for-profit and not-for-profit organization?
  What are the similarities in reporting guidance
  in a for-profit and not-for-profit organization?
  How do these differences and similarities affect
  the comparability of financial reports? Should
  these reports be comparable? Explain your
  response.

40

• ACC 497 Week 5 DQ 2
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
•  
• What are the differences in financial reporting
  in a for-profit and government organization? What
  are the similarities in financial reporting in a
  for-profit and government organization? How do
  these differences and similarities affect the
  comparability of financial reports? Should these
  reports be comparable? Explain your response.

41

• ACC 497 Week 5 FARS Case (2 Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• ACC 497 Week 5 FARS Case
• Write a 1,050- to 1,400-word response in which
  you address the following questions from Case 3,
  Charitable Contributions and Debt A Comparison
  of St. Jude Childrens Research Hospital/ALSAC
  and Universal Health Services

42

• ACC 497 Week 5 Individual Assignment from the
  Text
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•   Resources Ch. 4 5 of Modern Auditing
• Write answers to the following problems
• Learning Check 415 417 in Ch. 4
• Comprehensive Questions 534 535 in Ch. 5

43

• ACC 497 Week 5 Knowledge Check
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• 1.
• Which of the following factors would not indicate
  that a potential component unit (PCU) imposes a
  financial burden or provides a financial benefit
  to the primary government?
•  
• The primary government is obligated to provide
  financial support to the PCU.

44

• ACC 497 Week 5 Learning Team Case Study
  Assignment (2 Papers)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
• This Tutorial contains 2 different Papers
•  
• Resources Case 3 Charitable Contributions and
  Debt A Comparison of St. Jude Childrens
  Research Hospital/ALSAC and Universal Health
  Services located on your student website in Ch. 5
  of Mastery of the Financial Accounting Research
  System (FARS) Through Cases
•  

45

• ACC 497 Week 5 Learning Team Case Study
  Presentation (2 Sets)
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•  
• This Tutorial contains 2 different Presentations
•  
• Create 5- or 6-slide Microsoft PowerPoint presen
  tation with speaker notes illustrating your
  findings to Case 3, Charitable Contributions and
  Debt A
• Comparison of St. Jude Childrens Research
  Hospital/ALSAC and Universal Health Services in
  Ch. 5 of Mastery of the Financial Accounting
  Research

46

• ACC 497 Week 5 Signature Assignment FARS Case
•  
•  
• For more course tutorials visit
• www.newtonhelp.com
•    
•    
•  
• About Your Signature Assignment
• Signature/Benchmark Assignments are designed to
  align with specific program student learning
  outcome(s) in your program. Program Student
  Learning Outcomes are broad statements that
  describe what students should know and be

47
ACC 497  Future Starts Here/newtonhelp.Com