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ACC 497 Inspiring Innovation--snaptutorial.com

This Tutorial contains knowledge Check as well (Please check Questions)<br> <br> <br>ACC 497 Final Exam Guide (New, 2017)<br>ACC 497 Week 1 Knowledge Check<br>ACC 497 Week 2 Team Accounting for Employee Stock Options<br>ACC 497 Week 2 Accounting Ethics<br>ACC 497 Week 2 Knowledge Check<br>ACC 497 Week 3 Team Assignment Interest Cost<br>ACC 497 Week 3 Accounting for Investments<br>ACC 497 Week 3 Knowledge Check<br>

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ACC 497 Inspiring Innovation--snaptutorial.com

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  1. ACC 497 Inspiring Innovation--snaptutorial.com

  2. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Entire Course (With New Final Guide) For more classes visits www.snaptutorial.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 ACC 497 Week 2 Knowledge Check ACC 497 Week 3 Team Assignment Interest Cost ACC 497 Week 3 Accounting for Investments ACC 497 Week 3 Knowledge Check

  3. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Final Exam Guide (New, 2018) For more classes visits www.snaptutorial.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.

  4. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 1 Case Study Cash Basis or Accrual Basis? For more classes visits www.snaptutorial.com 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. Note. Although Brain Teaser 4 references the Financial Accounting Research System, ref

  5. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 1 DQ 1 For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 1 DQ 2 For more classes visits www.snaptutorial.com What are Generally Accepted Accounting Principles (GAAP)? How do GAAP affect financial reporting? How might GAAP need to change to accommodate today’s dynamic business environment?

  7. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 1 FASB Codification System (2 Papers) For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 1 Individual Assignment FASB Codification System Orientation Paper For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 1 Knowledge Check For more classes visits www.snaptutorial.com 1. Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2. $257,000.

  10. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 Accounting Ethics For more classes visits www.snaptutorial.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, discusses with her financial vice president the need for early implementation of a standard that would result in a fairer presentation of the company's financial condition and earnings.

  11. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 Discussion (LIFO) For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 DQ 1 For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 DQ 2 For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 Individual Assignment Financial Statements Paper Part I For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 Knowledge Check For more classes visits www.snaptutorial.com 1. Via Gelato is a popular neighborhood gelato shop. The company has provided the following data concerning its operations:

  16. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 Team Accounting for Employee Stock Options For more classes visits www.snaptutorial.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, believes that employee stock options, like all obligations to issue the corporation's own stock, are equity. The new staff accountant, Marcy Means, disagrees. Marcy argues that when a company issues stock for less than current value, the value of preexisting stockholders' shares is diluted. Write a team consensus response of no more than 700 words in which you answer the following requirements:

  17. ACC 497 Inspiring Innovation--snaptutorial.com • ACC 497 Week 2 Team Assignment Case Study Assignment (2 Papers) • For more classes visits • www.snaptutorial.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. • Case 1-3 Politicalization of Accounting Standards in Ch. 1

  18. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 2 Textbook Cases Case 1-1, Case 1-3, Case 2-2 (New Syllabus) For more classes visits www.snaptutorial.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)  Case 1-3 Politicization of Accounting Standards (page 28)  Case 2-2 The Theoretical Foundation of Accounting Principles (page 75) 

  19. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Accounting for Investments For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 DQ 1 For more classes visits www.snaptutorial.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 Inspiring Innovation--snaptutorial.com • ACC 497 Week 3 DQ 2 • For more classes visits • www.snaptutorial.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 Hall’s Federal Taxation 2011: Individuals • Respond to the following problems by conducting tax research and including tax-planning advice:  • I:1-48 Tax Strategy Problem

  22. ACC 497 Inspiring Innovation--snaptutorial.com • ACC 497 Week 3 DQ 2 • For more classes visits • www.snaptutorial.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 Hall’s Federal Taxation 2011: Individuals • Respond to the following problems by conducting tax research and including tax-planning advice:  • I:1-48 Tax Strategy Problem

  23. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Individual Assignment Financial Statements Paper Part II (2 Papers) For more classes visits www.snaptutorial.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:

  24. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Individual Assignment From the Readings Exercise 17(E1-17) For more classes visits www.snaptutorial.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

  25. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Knowledge Check For more classes visits www.snaptutorial.com 1. The estate of Monique Chablis earned $450 of income this year. Is the estate required to file an income tax return?

  26. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Learning Team Assignment From the Reading (2 Sets) For more classes visits www.snaptutorial.com This tutorial contains 2 Sets of response 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

  27. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Learning Team Case Study Assignment (2 Papers) For more classes visits www.snaptutorial.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.

  28. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Learning Team Discussion (Interest Cost on Construction) For more classes visits www.snaptutorial.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.

  29. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Team Assignment Interest Cost For more classes visits www.snaptutorial.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: • Provide rational and clarifications of the proper treatment of interest cost under the rules of GAAP. • Explain the impact of this interest cost on: o Financial statements.

  30. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Textbook Problems (New Syllabus) For more classes visits www.snaptutorial.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?

  31. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 DQ 1 For more classes visits www.snaptutorial.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?

  32. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 DQ 2 For more classes visits www.snaptutorial.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.

  33. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 DQ 2 For more classes visits www.snaptutorial.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.

  34. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 Individual Assignment From the Reading For more classes visits www.snaptutorial.com ACC 497 Week 4 Individual Assignment From the Reading

  35. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 International Versus U.S. Standards For more classes visits www.snaptutorial.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. Click the Assignment Files tab to submit your assignment.

  36. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 knowledge Check For more classes visits www.snaptutorial.com 1. 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 year’s financial statements but is reasonably certain to have a substantial effect in later years. The client’s financial statements contain no material misstatements and the auditor concurs with this change. If the change is disclosed in the notes to the financial statements, the auditor should issue a report with a(n): unqualified opinion. “except for” qualified opinion.

  37. ACC 497 Inspiring Innovation--snaptutorial.com • ACC 497 Week 4 Learning Team Assignment From the Reading • For more classes visits • www.snaptutorial.com • Resources: Ch. 15 of Prentice Hall’s Federal Taxation 2011: Individuals • Conduct tax research and formulate tax-planning advice in your response to the following problems: • I:15-61 Tax Strategy Problem • I:15-62 Case Study Problem

  38. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 Learning Team Discussion (300 Words) For more classes visits www.snaptutorial.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.

  39. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 Team Goodwill For more classes visits www.snaptutorial.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: • Provide detailed rational of why goodwill must be adjusted for impairment. • List the tests for impairment. • Explain the meaning of a non cash impairment charge. Click the Assignment Files tab to submit your assignment.

  40. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 5 DQ 1 For more classes visits www.snaptutorial.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.

  41. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 5 DQ 2 For more classes visits www.snaptutorial.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..

  42. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 5 FARS Case (2 Papers) For more classes visits www.snaptutorial.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 Children’s Research Hospital/ALSAC and Universal Health Services:  Questions from Requirement A  Questions from Requirement B

  43. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 5 Individual Assignment from the Text For more classes visits www.snaptutorial.com Resources: Ch. 4 & 5 of Modern Auditing

  44. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Learning Team Discussion (Interest Cost on Construction) For more classes visits www.snaptutorial.com ACC 497 Week 3 Learning Team Discussion Discuss the following as a team:  Client X contacted you for clarification and recommendations regarding w

  45. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 3 Textbook Problems (New Syllabus) For more classes visits www.snaptutorial.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?

  46. ACC 497 Inspiring Innovation--snaptutorial.com ACC 497 Week 4 DQ 1 For more classes visits www.snaptutorial.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?

  47. ACC 497 Inspiring Innovation--snaptutorial.com

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