ACC 423 TUTORIAL Education Expert/acc423tutorialdotcom

1. ACC 423 TUTORIAL Education Expert/acc423tutorialdotcom FOR MORE CLASSES VISIT www.acc423tutorials.com

2. ACC 423 Entire Course • ACC 423 Week 1 Discussion Questions1 • ACC 423 Week 1 Discussion Questions 2 • ACC 423 Week 1 DQ (New) • ACC 423 Week 1 Individual Assignment Owners Equity Paper • ACC 423 Week 2 Discussion Questions 1 • ACC 423 Week 2 Discussion Questions 2 • ACC 423 Week 2 Team Assignments (Concepts for Analysis CA16-4) (New

3. ACC 423 Week 1 Discussion Question 1 • Why do companies offer stock options? What is the experience of either your organization or an organization that you are familiar with when it comes to stock option compensation? Should stock option compensation be included as an expense when calculating an organization’s net income? Explain why or why not. If so, how should the amount of expense be calculated?

4. ACC 423 Week 1 Discussion Question 2 • What are the differences between basic and diluted earnings per share? What are the differences between the numerator and the denominator in the basic and diluted earnings per share calculations? What actions can an organization take in order to improve their earnings per share? What is the experience of either your organization or an organization that you are familiar with when it comes to any of these actions? As an investor, do you evaluate a company as a potential investment using basic or diluted earnings per share? Explain why.

5. ACC 423 Week 1 DQ (New) • Why do companies offer stock options? Should stock-option compensation be included as an expense when calculating an organization's net income? Explain why or why not. if so, how should the amount of expense be calculated? • What is the experience of either your organization or an organization that you are familiar with when it comes to stock option compensation?

6. ACC 423 Week 1 Individual Assignment Owners Equity Paper • Resources: Intermediate Accounting and Electronic Reserve Readings • Prepare a 700- to 1,050-word response to the following questions: • • Why is it important to keep paid-in capital separate from earned capital? .

7. ACC 423 Week 2 Discussion Question 1 • What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Explain whether or not derivatives are a good investment. What experience do you have with either traditional or derivative instruments in your organization or an organization that you are familiar with?

8. ACC 423 Week 2 Discussion Question 2 • Why do companies make investments in other companies? What are the differences between debt and equity investments? What is the experience of either your organization or an organization that you are familiar with when it comes to debt and/or equity investments? What would influence a company to choose equity or debt as an investment?

9. ACC 423 Week 2 DQ (New) • What are the differences between traditional and derivative instruments? Why do companies use derivative instruments? Are derivatives a good investment? Explain why or why no • Why do companies make investments in other companies? What are the differences between debt and equity investments? What would influence a company to choose equity or debt as an investment?

10. ACC 423 Week 2 Individual WileyPLUS Assignment E15-13 (a,b) , P15-1 , E16-20 , P16-7 • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • • Ch.15: Exercise E15-13 (a&b) and Problem P15-1 • Ch.16: Exercise E16-20 and Problem P16-7

11. ACC 423 Week 2 Learning Team Assignment P15-3 , P16-6 , P16-8 And CA16-4 • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • • Ch. 15: Problem P15-3 • Ch. 16: Problems P16-6&P16-8 and Concepts for Analysis CA16-4

12. ACC 423 Week 2 Learning Team Reflection • Discuss the objectives for Week One. How do they relate to the practice of accounting and its uses in business? • • Distinguish between paid-in and earned capital. • • Record journal entries related to common, preferred, and treasury stock. • • Record journal entries related to the various types of dividends. • • Calculate basic and diluted earnings per share (EPS). • • Evaluate the various accounting treatments for stock compensation.

13. ACC 423 Week 2 Team Assignment (Concepts for Analysis CA16-4) (New) • Prepare written responses to the following assignments from Ch. 16 of Intermediate Accounting: • Concepts for Analysis CA16-4 • Click the Assignment Files tab to submit your assignment

14. ACC 423 Week 3 Discussion Question 1 • Why are there differences between taxable and financial income? What are some examples of permanent and temporary differences? Why do these differences exist? How do they affect the financial statements? What experience do you have with either taxable and financial income and/or permanent and temporary differences in your organization or an organization that you are familiar with?

15. ACC 423 Week 3 Discussion Question 2 • How are the tax benefits of net operating losses (NOL) disclosed on financial statements? Which is more beneficial to an organization, an NOL carry forward or an NOL carry back? Explain why. What experience do you have with NOL in your organization or an organization that you are familiar with? When would a company decide to forego a NOL carry back?

16. ACC 423 Week 3 DQ (New) • Why are there between taxable and financial income? What are some example of payment and temporary differences? Why do these differences exist? How do they affect financial statements.” • “How they deferred tax assets and deferred tax liabilities derived? • How do they relate to the difference between tax expenses and tax payable? How could an organization have a tax receivable? Why is tax expenses reported on the income statement comprised of current and deferred tax?”

17. ACC 423 Week 3 Individual WileyPLUS Assignment Exercise E17-7 , E17-12 , Problem P17-3 And P17-8 (a c) • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • Ch. 17: Exercises E17-7 & E17-12 and Problems P17-3 & P17-8 (a&c)

18. ACC 423 Week 3 Learning Team Assignment from the Text (CA 17-1)(New) • Prepare written responses to the following assignments from Ch. 17 of Intermediate Accounting: • • Concepts for Analysis CA17-1 • Click the Assignment Files tab to submit your assignment.

19. ACC 423 Week 3 Learning Team Assignment P17 -1 And P17 – 9 • Resource: Intermediate Accounting • Prepare written responses to the following assignments from the text: • Ch.17: Problems P17-1 & P17-9

20. ACC 423 Week 3 Learning Team Reflection • Discuss the objectives for Week Two. How do they relate to the practice of accounting and its uses in business? • Distinguish between debt and equity investments. • Classify securities as available-for-sale, held-to-maturity, or trading. • Determine when to use the fair value and equity methods of accounting for investments. • Prepare journal entries for investments using the fair value and the equity method. • Distinguish between traditional and derivative financial instruments.

21. ACC 423 Week 4 Discussion Question 1 • What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, explain why you would rather have a defined contribution plan or a defined benefit plan? What experience do you have with pension plans in your organization or an organization that you are familiar with? As an employer, explain why you would rather offer a defined contribution plan or a defined benefit plan to your employees?

22. ACC 423 Week 4 Discussion Question 2 • What are the components of pension expense? How do the components of pension expense differ among the various types of contribution and benefit plans? How is the interest rate determined? Why are prior service costs amortized? Based on your knowledge of the components of pension, what would make you more or less likely to invest in a company?

23. ACC 423 Week 4 DQ (New) • What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, would you rather have defined contribution plan or a defined benefit plan? Explain your answer. As an employer, would you rather offer a defined contribution plan or a defined benefit plan? Explain answer. • What are the components of pension expense? How is the interest rate determined? Why are prior service costs amortized? How do the components of pension expense differ among the various types of contribution and benefit Plans?

24. ACC 423 Week 4 Learning Team Reflection • Discuss the objectives for Week Three. How do they relate to the practice of accounting and its uses in business? • • Differentiate between temporary and permanent differences. • • Calculate current and deferred tax assets and liabilities. • Write a 350- to 500-word summary of your Learning Team’s discussion.

25. ACC 423 Week 5 DQ (New) • What is a change in accounting principle? How do you determinate if a change in principle should be reported retroactively, currently or prospectively? How do these changes affect financial statements? • Why do accountants make errors? What types of errors may occur? Why is it necessary to correct them? Whit are the ramifications of not correcting errors? What are some examples of counterbalancing errors?

26. ACC 423 Week 5 Learning Team Reflection • Discuss the objectives for Week Four and Five. How do they relate to the practice of accounting and its uses in business? • • Differentiate between a defined contribution and a benefit plan. • • Determine the components of pension expense. • • Calculate pension liability and expense. • • Prepare journal entries associated with changes in accounting principles, reporting entities, and estimates. • • Prepare journal entries associated with changes due to errors. • Write a 350- to 500-word summary of your Learning Team’s discussion.

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