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ACC 561 Knowledge is divine / snaptutorial.com

Purpose of Assignment<br>This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a companyu2019s liquidity, solvency, and profitability.<br>Two-Rivers Inc. (TRI) manufactures a variety of consumer products. The company's founders have run the company for thirty years and are now interested in retiring. Consequently

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ACC 561 Knowledge is divine / snaptutorial.com

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  1. ACC 561 Assignment Week 1 Financial Statements (May 2019) (Two Rivers Inc) For more classes visit www.snaptutorial.com Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability. Two-Rivers Inc. (TRI) manufactures a variety of consumer products. The company's founders have run the company for thirty years and are now interested in retiring. Consequently, they are seeking a purchaser, and a group of investors is looking into the acquisition of TRI. To evaluate its financial stability, TRI was requested to provide its latest financial statements and selected financial ratios. Summary information provided by TRI is presented below. Required:

  2. a. Calculate the select financial ratios for the fiscal year Year 2. (use MS word or excel but excel is more recommended) b. Interpret what each of these financial ratios means in terms of TRI's financial stability and operating efficiency. *********************************************************************** ACC 561 Discussion Costing Systems For more classes visit www.snaptutorial.com Product costing systems are methods used to manage inventories. Accounting systems primarily engage one of three costing systems at a time: job order costing, process-based costing, or activity-based costing. Respond to the following in a minimum of 150 words:  Briefly explain each of the three costing systems in accounting.  Discuss the situations in which each system would be best employed by a business. 

  3.   *********************************************************************** ACC 561 Discussion CVP Analysis For more classes visit www.snaptutorial.com Cost-volume-profit analysis, or CVP, is something companies use to figure out how changes in costs and volume affect their operating expenses and net income. In other words, CVP is a methodical analysis of the dynamic inter-relationship between selling prices, sales and production volume, cost expenses, and profits. Respond to the following in a minimum of 150 words:  Explain each of the three elements of CVP analysis. Discuss how managers use CVP analysis. ***********************************************************************

  4. ACC 561 Discussion Organizational Budgets For more classes visit www.snaptutorial.com hrewdly designed budgets assist businesses leaders with awareness of expenditures and managing resources. Businesses use a variety of budgets to measure their spending and develop effective strategies for maximizing their assets and revenues. Many types of organizational budgets exist and each have different purposes, strengths, and weaknesses. Respond to the following in a minimum of 150 words: Briefly discuss four types of organizational budgets. ***********************************************************************  ACC 561 Entire Course (Excluding Final Guide)

  5. For more classes visit www.snaptutorial.com ACC 561 Week 1 Individual Assignment Financial Statements (2 Papers) ACC 561 Week 2 Individual Assignment Accounting & The Regulatory Environment (2 Papers) ACC 561 Week 3 Team Assignment Financial Statement Analysis (2 Set) ACC 561 Week 4 Team Assignment Cost Accounting Systems (2 PPT) ACC 561 Week 5 Team Assignment Costing Methods Presentation (2 PPT) ACC 561 Week 1 Individual Wileyplus Assignment (with Excel File) ACC 561 Week 1 Wileyplus Practice Quiz ACC 561 Week 2 Wileyplus Practice Quiz ACC 561 Week 3 Team Assignment American Corporation Analysis ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc. Loan Package

  6. ACC 561 Week 3 Wileyplus Assignment (With Excel file) ACC 561 Week 3 Wileyplus Practice Quiz ACC 561 Week 4 WileyPLUS Assignment Paper Exercise 17-2 ACC 561 Week 4 WileyPLUS Assignment (With Excel File) ACC 561 Week 4 Wileyplus Practice Quiz ACC 561 Week 5 Individual/Team WileyPLUS Assignment Paper Exercise 18-1 ACC 561 Week 5 WileyPLUS Assignment (With Excel File) ACC 561 Week 5 Individual Assignment Costing Methods Paper (Exercise 19-17) (2 Papers) ACC 561 Week 5 Wileyplus Practice Quiz ACC 561 Week 6 WileyPLUS Assignment (with Excel File) ACC 561 Week 6 Wileyplus Practice Quiz ACC 561 Week 1 Individual Assignment Financial Statement Review ACC 561 Week 1 Individual Assignment Financial Statement Differentiation Paper ACC 561 Week 2 Individual Assignment Sarbanes-Oxley Act of 2002 (2 Papers)

  7. ACC 561 Week 2 Team Assignment Financial Statement Relationship Paper ACC 561 Week 2 Learning Team Reflection ( comparative and ratio analysis) ACC 561 Week 4 Learning Team Reflection (CVP Analysis) ACC 561 Week 4 Team Assignment CVP Discussion Paper ACC 561 Week 5 Learning Team Deliverables ACC 561 Week 6 Learning Team Reflection (Incremental analysis) ACC 561 Week 6 Team Assignment Master Budgeting Question ACC 561 Week 2 Individual Assignment Accounting & The Regulatory Environment Presentation ACC 561 Week 3 Team Assignment Financial Statement Analysis *********************************************************************** ACC 561 Entire Course (With Final Guide) For more classes visit www.snaptutorial.com

  8. ACC 561 Week 1 Individual Assignment Financial Statements (2 Papers) ACC 561 Week 2 Individual Assignment Accounting & The Regulatory Environment (2 Papers) ACC 561 Week 3 Team Assignment Financial Statement Analysis (2 Set) ACC 561 Week 4 Team Assignment Cost Accounting Systems (2 PPT) ACC 561 Week 5 Team Assignment Costing Methods Presentation (2 PPT) ACC 561 Week 1 Individual Wileyplus Assignment (with Excel File) ACC 561 Week 1 Wileyplus Practice Quiz ACC 561 Week 2 Wileyplus Practice Quiz ACC 561 Week 3 Team Assignment American Corporation Analysis ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc. Loan Package ACC 561 Week 3 Wileyplus Assignment (With Excel file) ACC 561 Week 3 Wileyplus Practice Quiz ACC 561 Week 4 WileyPLUS Assignment Paper Exercise 17-2 ACC 561 Week 4 WileyPLUS Assignment (With Excel File) ACC 561 Week 4 Wileyplus Practice Quiz

  9. ACC 561 Week 5 Individual/Team WileyPLUS Assignment Paper Exercise 18-1 ACC 561 Week 5 WileyPLUS Assignment (With Excel File) ACC 561 Week 5 Individual Assignment Costing Methods Paper (Exercise 19-17) (2 Papers) ACC 561 Week 5 Wileyplus Practice Quiz ACC 561 Week 6 WileyPLUS Assignment (with Excel File) ACC 561 Week 6 Wileyplus Practice Quiz ACC 561 Final Exam Guide (**New**) ACC 561 Final Exam Guide (New, with Excel Sheet) ACC 561 Week 1 Individual Assignment Financial Statement Review ACC 561 Week 1 Individual Assignment Financial Statement Differentiation Paper ACC 561 Week 2 Individual Assignment Sarbanes-Oxley Act of 2002 (2 Papers) ACC 561 Week 2 Team Assignment Financial Statement Relationship Paper ACC 561 Week 2 Learning Team Reflection ( comparative and ratio analysis) ACC 561 Week 4 Learning Team Reflection (CVP Analysis)

  10. ACC 561 Week 4 Team Assignment CVP Discussion Paper ACC 561 Week 5 Learning Team Deliverables ACC 561 Week 6 Learning Team Reflection (Incremental analysis) ACC 561 Week 6 Team Assignment Master Budgeting Question ACC 561 Week 2 Individual Assignment Accounting & The Regulatory Environment Presentation ACC 561 Week 3 Team Assignment Financial Statement Analysis *********************************************************************** ACC 561 Final Exam Guide (New, 2019, Score 100%) For more classes visit www.snaptutorial.com The investigation of materials price variance usually begins in the: controller’s office.

  11. accounts payable department. first production department. purchasing department Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio? 35% 25% 75% 65% Which of the following statements is not true?

  12. When a company’s sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease. When a company’s sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly. Companies that have higher fixed costs relative to variable costs have higher operating leverage. Operating leverage refers to the extent to which a company’s net income reacts to a given change in sales. Which of the following will not result in an unfavorable controllable margin difference? Sales under budget; costs under budget Sales exceeding budget; costs under budget Sales under budget; costs over budget Sales exceeding budget; costs over budget

  13. 5 Based on the following data, what is the amount of working capital? Accounts payable………………………………………………………..$64,000 Accounts receivable……………………………………………………..114,000 Cash…………………………………………………………………… …. 70,000 Intangible assets…………………………………………………………100,000 Inventory……………………………………………………………… …. 138,000 Long-term investments…………………………………………………..160,000 Long-term liabilities……………………………… ………………………200,000 Short-term investments……………………………………………………80,000 Notes payable (short- term)………………………………………………..56,000

  14. Property, plant, and equipment………………………………………..1,340,000 Prepaid insurance…………………………………………………………….2,00 0 $370,000 $332,000 $326,000 $284,000 6 Miller Manufacturing’s degree of operating leverage is 1.5. Warren Corporation’s degree of operating leverage is 3. Warren’s earnings would go up (or down) by ________ as much as Miller’s with an equal increase (or decrease) in sales. 2 times 4.5 times 1.5 times 1/2 times

  15. 7 What is the primary difference between a static budget and a flexible budget? The static budget contains only fixed costs, while the flexible budget contains only variable costs. The static budget is prepared only for units produced, while a flexible budget reflects the number of units sold. The static budget is constructed using input from only upper level management, while a flexible budget obtains input from all levels of management. The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels. 8 Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $660,000. The company produces 300,000 wheels and 600,000 seats each year. Each wheel uses 2 parts, and each seat uses 3 parts. How much of the assembly overhead should be allocated to wheels? $165,000

  16. $220,000 $264,000 $282,856 9 Financial and managerial accounting are similar in that both: produce general-purpose reports. deal with the economic events of an enterprise. have reports that are prepared quarterly and annually. have the same primary users. 10 It costs Garner Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 3,000 scales at $15 each. Garner would incur special shipping costs of $1 per scale if the order were accepted. Garner has sufficient unused capacity to produce the 3,000 scales. If the special order is accepted, what will be the effect on net income?

  17. $6,000 decrease $9,000 decrease $6,000 increase $45,000 increase 11 Which one of the following is an example of a period cost? A manager’s salary for work that is done in the corporate head office. A box cost associated with computers. A change in benefits for the union workers who work in the New York plant of a Fortune 1000 manufacturer. Workers’ compensation insurance on factory workers’ wages allocated to the factory. 12

  18. The Mac Company has four plants nationwide that cost $350 million. The current fair value of the plants is $300 million. The plants will be reported as assets at: $300 million. $350 million. $600 million. $700 million. 13 Are advanced receipts from customers treated as revenue at the time of receipt? Why or why not? Yes, the intent of the company is to perform the work and the customer is confident that the services will be completed. No, the amount of revenue cannot be adequately determined until the company completes the work. Yes, they are treated as revenue at the time of receipt because the company has access to the cash. No, revenue cannot be recognized until the work is performed.

  19. 14 Which statement is correct? The cash basis of accounting is objective because no one can be certain of the amount of revenue until the cash is received. As long as management is ethical, there are no problems with using the cash basis of accounting. As long as a company consistently uses the cash basis of accounting, generally accepted accounting principles allow its use. The use of the cash basis of accounting violates both the revenue recognition and expense recognition principles. 15 If a plant is operating at full capacity and receives a one-time opportunity to accept an order at a special price below its usual price, then: the order will likely be accepted. only variable costs are relevant. the order will likely be rejected. fixed costs are not relevant.

  20. 16 Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period: Estimated annual overhead cost $1,600,000 Actual annual overhead cost $1,575,000 Estimated machine hours 400,000 Actual machine hours 390,000 $1,560,000 applied and $15,000 underapplied $1,560,000 applied and $15,000 overapplied $1,600,000 applied and $15,000 overapplied $1,575,000 applied and neither under- nor overapplied 17 Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had planned to

  21. make only 3,300 units. Total yards used for production were 3,960. How much is the total materials variance? $3,960 F $48,600 U $900 U $4,860 U 18 Which of the following statements concerning users of accounting information is incorrect? Present creditors are considered external users. Taxing authorities are considered external users. Regulatory authorities are considered internal users. Management is considered an internal user. 19

  22. Top management notices a variation from budget and an investigation of the difference reveals that the department manager could not be expected to have controlled the variation. Which of the following statements is applicable? Department managers should be credited for favorable variances even if they are beyond their control. Department managers should be held accountable for all variances from budgets for their departments. Department managers’ performances should not be evaluated based on actual results to budgeted results. Department managers should only be held accountable for controllable variances for their departments. 20 Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 120% 83% 20% 108%

  23. 21 La More Company had the following transactions during 2016: Sales of $9,000 on account Collected $4,000 for services to be performed in 2017 Paid $3,750 cash in salaries for 2016 Purchased airline tickets for $500 in December for a trip to take place in 2017 What is La More’s 2016 net income using accrual accounting? $9,250 $9,750 $5,250 $5,750 22 If there are no units in process at the beginning of the period, then:

  24. the units started into production will equal the number of units transferred out. the company must be using a job order cost system. the units to be accounted for will equal the units transferred out and the units in process at the end of the period. only one computation of equivalent units of production will be necessary. 23 Which of the following is not an underlying assumption of CVP analysis? Sales mix is constant. Beginning inventory is larger than ending inventory. Cost classifications are reasonably accurate. Changes in activity are the only factors that affect costs. 24.

  25. In performing a vertical analysis, the base for sales revenues on the income statement is:​ ​ net sales. ​ cost of goods available for sale. ​ sales revenue. ​ net income. 25 Differences between a job order cost system and a process cost system include all of the following except the:​ ​ unit cost computations. ​ flow of costs. ​ documents used to track costs. ​ point at which costs are totaled. 26

  26. Henson Company began the year with retained earnings of $380,000. During the year, the company recorded revenues of $500,000, expenses of $380,000, and paid dividends of $40,000. What was Henson’s retained earnings at the end of the year?​ ​ $460,000 ​ $540,000 ​ $840,000 ​ $500,000 27 At September 1, 2017, Baxter Inc. reported Retained Earnings of $423,000. During the month, Baxter generated revenues of $60,000, incurred expenses of $36,000, purchased equipment for $15,000 and paid dividends of $6,000. What is the balance in Retained Earnings at September 30, 2017?​ $24,000 credit ​ $423,000 debit ​ $426,000 credit ​ $441,000 credit

  27. 28 An activity-based overhead rate is computed as follows:​ ​ estimated overhead divided by actual use of cost drivers. ​ actual overhead divided by estimated use of cost drivers. ​ estimated overhead divided by estimated use of cost drivers. ​ actual overhead divided by actual use of cost drivers. 29. Which is the last step in developing the master budget?​ ​ Preparing the cash budget ​ Preparing the cost of goods manufactured budget ​ Preparing the budgeted balance sheet ​ Preparing the budgeted income statement

  28. 30 The entry to record the acquisition of raw materials on account is:​ Manufacturing Overhead Raw Materials Inventory Accounts Payable ​ ​ Work in Process Inventory Accounts Payable ​ Raw Materials Inventory Accounts Payable ​ Accounts Payable Raw Materials Inventory *********************************************************************** ACC 561 Week 1 Financial Statement Differentiation Paper (New Syllabus)

  29. For more classes visit www.snaptutorial.com Financial Statement Differentiation Instructions: Write a paper between 700 and 1,000 words discussing the four different types of financial statement. Explain the information provided by each financial statement and include specific examples. Incorporate your responses to the following questions. Which financial statement or statement would be of most interest to investors, creditors and management. Why? Format your paper consistent with APA guidelines and submit your paper and plagiarism review file via the assignment files tab. *********************************************************************** ACC 561 Week 1 Individual Assignment Financial Statements (2 Papers) (New Syllabus)

  30. For more classes visit www.snaptutorial.com Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company's liquidity, solvency, and profitability. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past. Research the company on the Internet and download the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows. Develop a minimum 700-word examination of the financial statements and include the following: • Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year? • Explain the relevance of changes in net income to investors. • Determine the ending balance in shareholders' equity. Why would organizations such as labor unions be interested in this? • Determine the total value of assets. • Discuss the relevance of the total value of assets to potential creditors and why this is important.

  31. • Compute the return on assets. Discuss the relative profitability of the company based on your results. • Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results. • Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company. • Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making? Show your work in Microsoft® Word or Excel®. Complete calculations/computations using Microsoft® Word or Excel®. Include the four financial statements along with your assignment. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. *********************************************************************** ACC 561 Week 1 Individual Assignment Financial Statements (Boeing) For more classes visit

  32. www.snaptutorial.com Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company's liquidity, solvency, and profitability. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past. Research the company on the Internet and download the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows. Develop a minimum 700-word examination of the financial statements and include the following: • Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year? • Explain the relevance of changes in net income to investors. • Determine the ending balance in shareholders' equity. Why would organizations such as labor unions be interested in this? • Determine the total value of assets. • Discuss the relevance of the total value of assets to potential creditors and why this is important. • Compute the return on assets. Discuss the relative profitability of the company based on your results.

  33. • Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results. • Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company. • Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making? Show your work in Microsoft® Word or Excel®. Complete calculations/computations using Microsoft® Word or Excel®. Include the four financial statements along with your assignment. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. *********************************************************************** ACC 561 Week 1 Individual Assignment Financial Statements (Walt Disney) For more classes visit

  34. www.snaptutorial.com Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company's liquidity, solvency, and profitability. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC), University Library, Library resources: Company Directories and Financials Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Select a publicly traded, U.S. corporation with which you are familiar or one where you currently work or have worked in the past. Research the company on the Internet and download the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows. Develop a minimum 700-word examination of the financial statements and include the following: • Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year? • Explain the relevance of changes in net income to investors. • Determine the ending balance in shareholders' equity. Why would organizations such as labor unions be interested in this? • Determine the total value of assets. • Discuss the relevance of the total value of assets to potential creditors and why this is important. • Compute the return on assets. Discuss the relative profitability of the company based on your results.

  35. • Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results. • Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company. • Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making? Show your work in Microsoft® Word or Excel®. Complete calculations/computations using Microsoft® Word or Excel®. Include the four financial statements along with your assignment. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. *********************************************************************** ACC 561 Week 2 Assignment Accounting Methods (Bizcon, 2 Papers) For more classes visit

  36. www.snaptutorial.com This Tutorial contains 2 Papers Purpose of Assignment This week's activity illustrates the role a company's accounting method plays in financial statement reporting. In this assignment, students evaluate the events occuring in a business setting and determine how to properly analyze those events to identify the impact on both cash and accrual accounting methods. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC) Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Scenario: BizCon, a consulting firm, has just completed its first year of operations. The company's sales growth was explosive. To encourage clients to hire its services, BizCon offered 180-day financing - meaning its largest customers do not pay for nearly 6 months. Because BizCon is a new company, its equipment suppliers insist on being paid cash on delivery. Also, it had to pay up front for 2 years of insurance. At the end of the year, BizCon owed employees for one full month of salaries, but due to a cash shortfall, it promised to pay them the first week of next year. As the senior accountant, the Chief Financial Officer has asked you to prepare a memo to be sent to management notifying them of the delayed wage payments. Prepare the memo in a maximum 700 words including the following information to better outline the situation:

  37. • Explain how cash and accrual accounting differs for each of the events listed in the above scenario and describe the proper accrual accounting. • Assess how at the end of the year, BizCon reported a favorable net income, yet the company's management is concerned because the company is very short of cash. Explain to management how BizCon could have positive net income and yet run out of cash. *********************************************************************** ACC 561 Week 2 Individual Assignment Accounting & The Regulatory Environment Presentation For more classes visit www.snaptutorial.com

  38. In the wake of the accounting and finance scandals of the early 2000s, the regulatory environment for businesses changed dramatically to create more accountability and transparency. Agencies like the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) play a greater role in enforcing and auditing companies for compliance to regulations such as the Sarbanes-Oxley Act of 2002. Select an accounting regulatory or standards agency (e.g. PCAOB, IASB, etc.) Select a public company that you either currently work for, have worked for in the past, or one with which you are familiar. Create a presentation with an analysis of the regulatory environment: Identify one or more regulations that would apply to your selected company. Discuss the ways that compliance with the regulations is beneficial to the company, industry, and consumers. Examine how the agency you selected and your selected company work together. Explain the role of ethics in the regulatory environment. Discuss the ways in which the regulatory environment would directly affect your role in the company in either your current role or your desired career with the organization. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ***********************************************************************

  39. ACC 561 Week 2 Individual Assignment Accounting The Regulatory Environment (2 Papers) For more classes visit www.snaptutorial.com This Tutorial contains 2 Papers of this Assignment In the wake of the accounting and finance scandals of the early 2000s, the regulatory environment for businesses changed dramatically to create more accountability and transparency. Agencies like the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) play a greater role in enforcing and auditing companies for compliance to regulations such as the Sarbanes-Oxley Act of 2002. Select an accounting regulatory or standards agency (e.g. PCAOB, IASB, etc.)

  40. Select a public company that you either currently work for, have worked for in the past, or one with which you are familiar. Create a 1,050-word analysis of the regulatory environment: Identify one or more regulations that would apply to your selected company. Discuss the ways that compliance with the regulations is beneficial to the company, industry, and consumers. Examine how the agency you selected and your selected company work together. Explain the role of ethics in the regulatory environment. Discuss the ways in which the regulatory environment would directly affect your role in the company in either your current role or your desired career with the organization. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. *********************************************************************** ACC 561 Week 2 Small Business Analysis (New Syllabus) For more classes visit

  41. www.snaptutorial.com Small Business Analysis Instructions: You are interested in establishing a small business and you must decide which of the four forms of business organization would best suit your unique product or service. Consider legal, tax, accounting, and other implications when selecting from the four business types. Write a paper between 1,000 and 1,500 words discussing your small-business idea. Include the following: 1. The advantages and dis advantages of the four different forms of business organization, Which include sole proprietorship, partnership,C- corporation, and S-corporation s. 2. Identify which accounting method (i.e. cash versus accrual) you plan to use for your business. Why did you select this choice? 3. An explanation of the product or service your small business provides. 4. State three business transactions you expect to incur to with your company. Discuss how the transactions impact your income statement, balance sheet and statement of cash flow. 5. Select an organization type for your company and explain why you selected this option. Format your paper consistent with APA guidelines and submit your paper and plagiarism review file via the assignment files tab.

  42. ********************************************************************************************************************************************** ACC 561 Week 3 Assignment Ratio Analysis (P Jason, New Syllabus) For more classes visit www.snaptutorial.com Purpose of Assignment This week's focus is on the preparation of financial reports for internal users, such as managers. This case study applies the concepts of managerial accounting, through comparative and ratio analysis, and requires students to identify financial data needed by managers for decision making. About Your Signature Assignment This signature assignment is 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 able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements. Assignment Steps

  43. Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC) Tutorial help on Excel®and Word functions can be found on the Microsoft®Office website. There are also additional tutorials via the web offering support for Office products. Scenario: You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company's operations. The borrowed funds would be used to purchase new equipment. As evidence of the company's debt-worthiness, Jason provided you with the following facts: 2017 2016 Current Ratio 3.1 2.1 Asset Turnover 2.8 2.2 Up 32% 8% Earnings per Share Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision, he acted offended and said, "What more could you possibly want to know?" You responded you would , at minimum, need complete, audited financial statements. Develop a minimum 700-word examination of the financial statements and include the following: · Explain why you would want the financial statements to be audited. · Discuss the implications of the ratios provided for the lending decision you are to make. That is, does the information paint a favorable picture? Are these ratios relevant to the decision? State why or why not. · Evaluate trends in the performance of White Sands Bank. Identify each performance measure as favorable or unfavorable and explain the significance of each. Down Net Income $3.30 $2.50

  44. List three other ratios you would want to calculate for White Sands Bank of Taos, and in your own words explain in detail why you would use each. · As the loan officer, what else would you do to gain a better understanding of Paul Jason's, and the Corporation's financial picture and why? · Based on your analysis of White Sands Bank, will you recommend approval for the requested loan? Provide specific details to support your decision. Format the assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. · *********************************************************************** ACC 561 Week 3 Business Plan Develop a business plan and financial metrics Tootsie Roll For more classes visit www.snaptutorial.com

  45. Business Plan Develop a business plan and financial metrics Instructions: Prepare a business plan between 1,500 and 3,250 words in order to secure a loan for Tootsie Roll Inc. The loan will increase the company’s total liabilities by 10%. The contents of the plan should include the following: 1. Complete a financial analysis in Excel using, in part, the financial and management information included with the company’s website. This includes historical and projected financial statement, a three year historical ratio analysis of the company’s financial statement and a three year projected ratio analysis of the company’s financial statement. provide several types of liquidity, solvency. And profitability ratios and explain the results. In order to support your projections, include a list of all assumptions and issues that influenced your team’s decisions. Incorporate industry comparisons and analysis. Include an organized list or table of all financial ratios in your paper and calculate a variance analysis for each year. The variance analysis indicates the net increase or decrease of a particular financial ratio from one year as compared to the following year. Submit the final spreadsheet with your team’s paper. Additions details and guidance provide via the week 3 projects thread. Incorporate the applicable of a business plan identified via research. For further information review the business plan requirements posted to the week 3 project thread. 2. Discuss the underlying business factors and operational constraints that are driving thr company to seek a loan. 3. Explains how the company plans to use the proceeds from the loan. How will a new impact the company ? 4. Format your paper consistent with APA guidelines and submit your paper and plagiarism review file via the assignment files tab.

  46. ********************************************************************************************************************************************** ACC 561 Week 3 Team Assignment Financial Statement Analysis (2 Set) For more classes visit www.snaptutorial.com This Tutorial contains 2 Papers of this Assignment Learning Team members will refer back to their Week 1 Individual Assignment and perform the calculations using the financial statements from their individual companies. Part I Complete the following: Perform at least one profitability ratio to measure the income and operating success of your selected company.

  47. Perform at least one liquidity ratio to measure the ability of the company to pay short-term debt and meet unexpected needs. Perform at least one solvency ratio to measure the ability of the company to survive in the long-term. Review all of the calculations of the different companies as a team. Compare the profitability, liquidity, and solvency ratios. Complete a spreadsheet that presents the profitability, liquidity, and solvency ratios comparatively for all of the companies. Highlight the company that has the best numbers for each ratio. Part II Develop a 700-word evaluation of the selected companies in which the team does the following: Evaluate the financial opportunity presented by the companies. If the team was going to lend money to one of the companies reviewed, which one would it be? Defend the team's decision. Evaluate the investment opportunity presented by the companies. If the team could invest $100,000 in one of the companies, which would the team select? Provide the rationale. Evaluate the employment opportunity presented by the companies. If the team members could work for any of the companies, which company would the team select? Defend the team's decision. Format the assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. *********************************************************************** ACC 561 Week 3 Team Assignment Financial Statement Analysis

  48. For more classes visit www.snaptutorial.com Learning Team members perform the calculations using the financial statements from their individual companies. Part I Complete the following: Perform at least one profitability ratio to measure the income and operating success of your selected company. Perform at least one liquidity ratio to measure the ability of the company to pay short-term debt and meet unexpected needs. Perform at least one solvency ratio to measure the ability of the company to survive in the long-term. Review all of the calculations of the different companies as a team. Compare the profitability, liquidity, and solvency ratios. Complete a spreadsheet that presents the profitability, liquidity, and solvency ratios comparatively for all of the companies. Highlight the company that has the best numbers for each ratio. Part II Develop a presentation with an evaluation of the selected companies in which the team does the following: Evaluate the financial opportunity presented by the companies. If the team was going to lend money to one of the companies reviewed, which one would it be? Defend the team's decision.

  49. Evaluate the investment opportunity presented by the companies. If the team could invest $100,000 in one of the companies, which would the team select? Provide the rationale. Evaluate the employment opportunity presented by the companies. If the team members could work for any of the companies, which company would the team select? Defend the team's decision. Format the assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. *********************************************************************** ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc. Loan Package For more classes visit www.snaptutorial.com Please read the detailed instructions for this assignment in the learning activities for this week. You must follow all instructions for this assignment. Please see the attached grading rubric for this assignment.

  50. Conduct an Internet search information on how to assemble a loan package by researching loan package requirements at The U.S. Small Business Administration website (http://www.sba.gov/) or on other websites, such as the SCORE website (http://www.score.org/). Research the specific loan package requirements of creditors, such as American Express, by reviewing their websites. Prepare a loan package of approximately1,250 words to secure a loan for Tootsie Roll Industries Inc. that would increase the company's total liabilities by 10%. Your loan package should include the following: • A ratio analysis of the financial statements for Tootsie Roll Industries Inc., including several types of liquidity, solvency, and profitability ratios and an explanation of each ratio • A justification of the reason the company needs this loan; the purpose might be for expansion, inventory purchases, debt retirement, and so on • An explanation of how the company plans use the proceeds from the loan and of how loan approval might affect the company Cite your sources consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ***********************************************************************

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