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ACC 541 Slingshot Academy / Tutorialrank.com
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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Entire Course

• ACC 541 Week 1 DQ 1

• ACC 541 Week 1 Individual Assignment Accounting
  Standards Boards Paper (UOP Course)
• ACC 541 Week 1 DQ 1 (UOP Course)
• ACC 541 Week 1 DQ 2 (UOP Course)
• ACC 541 Week 2 Individual Assignment Client
  Understanding Paper (UOP Course)
• ACC 541 Week 2 DQ 1 (UOP Course)

• What is the importance of the mission of the FASB?

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 1 DQ 2

• ACC 541 Week 1 Individual Assignment Accounting
  Standards Boards Paper

• Under current GAAP, goodwill is recorded when
  purchased

• The International Accounting Standards Board
  (IASB) and the Financial Accounting Standards
  Board (FASB) are currently working on a joint
  venture referred to as the convergence project.
• Write a 1,050- to 1,400-word paper describing the
  relationship between the IASB and the FASB

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 2 DQ 1

• ACC 541 Week 2 DQ 2

• What are the four criteria used for determining 
  if a lease is to be treated as a capital lease?
  (This question can be expanded to discuss the
  income statement and balance sheet implications
  of both a capital lease and an operating lease.)

• Under current GAAP, goodwill is recorded when
  purchased

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 2 Individual Assignment Client
  Understanding Paper

• ACC 541 Week 3 DQ 1

• As a newly hired Staff I, you are responsible for
  analyzing the work papers for one of the clients
  of your organization. Your client is not clear
  about why you are asking for information on the
  following topics
•          Adjusting lower cost of market
  inventory on valuation
•          Capitalizing interest on building
  construction

• Capital leases and operating leases are the two
  classifications of leases described in FASB
  pronouncements from the standpoint of the lessee.

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 3 DQ 2

• ACC 541 Week 3 Individual Assignment Response to
  Client Request I

• On January 1, 2006, Von Company entered into two
  noncancelable leases for new machines to be used
  in its manufacturing operations

• While working on a consulting engagement, a
  supervisor in your team has given you an
  assignment. The client is a regional trucking
  company.

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 4 DQ 1

• ACC 541 Week 4 DQ 2

• Discuss contingencies and how they are reported
  on financial statements. What conditions must be
  met before a contingency can be charged against
  income?

• The two basic requirements for the accrual of a
  loss contingency are supported by several basic
  concepts of accounting. Four of these concepts
  are periodicity (time periods), measurement,
  objectivity, and relevance.

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 4 Individual Assignment Response to
  Client Request II

• ACC 541 Week 5 DQ 1

• Your client is being sued. You have asked the
  clients lawyer about the possibility of losing
  the lawsuit. The client, meanwhile, has asked you
  to describe what would happen to his or her
  financial statements

• Explain operating segments of an enterprise.

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 5 DQ 2

• ACC 541 Week 5 Individual Assignment Reporting
  Paper

• The concept of adequate disclosure continues to
  be one of the most important issues facing
  accountants, and disclosure may take various
  forms.
• Discuss the various forms of disclosure available
  in published financial statements.

• You are a controller in a midsized manufacturing
  company that has acquired 100 of another
  company. The acquired company includes two
  segments and two different pension plans. Both of
  these reporting issues are new to your CEO, and
  your CEO wants to eliminate the segments.

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ACC 541 Slingshot Academy / Tutorialrank.com

• ACC 541 Week 6 DQ 1

• ACC 541 Week 6 DQ 2

• A corporation may use stock splits and stock
  dividends to change the number of shares of its
  stock outstanding.
• From an accounting viewpoint, explain how the
  stock split effected in the form of a dividend
  differs from an ordinary stock dividend.

• What type of accounting or which area of
  accounting are you planning to enter as your
  profession? Why?