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ACC 440 UOP Course Tutorial / acc440dotcom PowerPoint Presentation
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ACC 440 UOP Course Tutorial / acc440dotcom

ACC 440 UOP Course Tutorial / acc440dotcom

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ACC 440 UOP Course Tutorial / acc440dotcom

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  1. ACC 440 UOP Course Tutorial / acc440dotcom

  2. ACC 440 UOP Course Tutorial ACC 440 Entire Course ACC 440 Week 1 Discussion Question 1 • ACC 440 Week 1 Discussion Question 1 • ACC 440 Week 1 Discussion Question 2 • ACC 440 Week 1 Individual Assignment Ch. 2 Text Exercises C2-1 And E2-1 • ACC 440 Week 2 Discussion Question 1 • ACC 440 Week 2 Discussion Question 2 • ACC 440 Week 2 Individual Assignment C12-3 Paper • What is the significance of goodwill in the consolidation process? Why is it necessary to determine goodwill impairment? Do you agree with the change in accounting for goodwill? Why or why not?

  3. ACC 440 UOP Course Tutorial ACC 440 Week 1 Discussion Question 2 ACC 440 Week 1 Individual Assignment • Define the cost and equity methods or accounting for an investment. Under what circumstances would you use the cost or equity method of accounting for an investment? Why are the percentages of ownership only a guideline when accounting for an investment? • Resource: Ch. 2 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 2 of the text: • · C2-1: Choice of Accounting Method • E2-1: Use of Cost and Equity Methods

  4. ACC 440 UOP Course Tutorial ACC 440 Week 2 Discussion Question 1 ACC 440 Week 2 Discussion Question 2 • How are foreign exchange gains and losses reported? • Why do companies hedge? Why would some companies choose not to hedge?

  5. ACC 440 UOP Course Tutorial ACC 440 Week 2 Individual Assignment C12-3 Paper ACC 440 Week 2 Learning Team Assignment • Resource: Ch. 12 of Advanced Financial Accounting • Prepare a solution to the C12-3: IASB Deliberations exercise from Ch. 12 of the text. • Write a 700- to 1,050-word report in which you provide your responses to the case. • Cite all resources. If you use an electronic source, include the link. • Resource: Ch. 1 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 1 of the text: • ·E1-2: Multiple-Choice Questions on Recording Business Combinations • P1-31: Journal Entries to Record a Business Combination

  6. ACC 440 UOP Course Tutorial ACC 440 Week 3 Discussion Question 1 ACC 440 Week 3 Discussion Question 2 • What are some of the issues we may run into when consolidating financial statements at period end? What types of transactions need to be addressed in a consolidation? • Why do most parent companies acquire 100 percent ownership of the subsidiary when 51 percent would grant them economic control?What are the economic reasons supporting more than a 51 percent ownership level?

  7. ACC 440 UOP Course Tutorial ACC 440 Week 3 Individual Assignment ACC 440 Week 3 Learning Team Assignment • Resource: Ch. 12 of Advanced Financial Accounting • Prepare a solution to the P12-17: Translation, Journal Entries, Consolidated Comprehensive Income, and Stockholders’ Equity exercise from Ch. 12 of the text. • Locate the Schedule Template on the student website to complete this exercise. • Resource: Ch. 11 of Advanced Financial Accounting • Prepare solutions to the Q11-1–Q11-10 exercises from Ch. 11 of the text.

  8. ACC 440 UOP Course Tutorial ACC 440 Week 4 Discussion Question 1 ACC 440 Week 4 Discussion Question 2 • What are some issues to consider before investing in another company? • What effect does a negative retained earnings balance on the subsidiary’s books have on consolidation procedures?

  9. ACC 440 UOP Course Tutorial ACC 440 Week 4 Individual Assignment ACC 440 Week 4 Learning Team • Resource: Ch. 4 & 5 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 4 & 5 of the text: • · Q4-1–Q4-3 & Q4-9 • P5-30: Incomplete Data • Resource: Ch. 3 & 4 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 3 & 4 of the text: • · E3-8: Subsidiary Acquired for Cash • C4-1: Need for Consolidation Process

  10. ACC 440 UOP Course Tutorial ACC 440 Week 5 Discussion Question 1 ACC 440 Week 5 Discussion Question 2 • When are profits on inter-corporate sales considered to be realized? Explain. • What dollar amounts in the consolidated financial statements will be incorrect if intercompany services are not eliminated?

  11. ACC 440 UOP Course Tutorial ACC 440 Week 5 Individual Assignment ACC 440 Week 5 Learning Team Assignment • Resources: Ch. 5 & 10 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 5 & 10 of the text: • · E5-13: Consolidation after One Year of Ownership • · P5-32: Consolidation Workpaper at End of First Year of Ownership • · C10-1: The Effect of Security Type on Earnings per Share • Resources: Ch. 6 & 10 of Advanced Financial Accounting • Prepare solutions to the following exercises from Ch. 6 & 10 of the text: • E6-11: Upstream Sale of Equipment in Prior Period • E10-5: Preparation of Statement of Cash Flows • E10-6: Direct Method Cash Flow Statement

  12. ACC 440 UOP Course Tutorial