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For more course tutorials visit www.tutorialrank.com 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) – PowerPoint PPT presentation

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Title: ACC 541 Course Inspiring Minds / tutorialrank.com


1
ACC 541 Course Inspiring Minds / tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Entire Course (UOP Course)
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) ACC 541 Week 2 DQ 2 (UOP
Course) ACC 541 Week 3 Individual Assignment
Response to Client Request I (UOP Course)
3
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 1 DQ 1 (UOP Course)
What is the importance of the mission of the FASB?
4
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 1 DQ 2 (UOP Course)
Under current GAAP, goodwill is recorded when
purchased
5
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 1 Individual Assignment Accounting
Standards Boards Paper (UOP Course)
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. Include the following in your paper
6
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 2 DQ 1 (UOP Course)
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.)
7
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 2 Individual Assignment Client
Understanding Paper (UOP Course)
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
8
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 3 DQ 1 (UOP Course)
Capital leases and operating leases are the two
classifications of leases described in FASB
pronouncements from the standpoint of the
lessee. Describe how an operating lease would be
accounted for by the lessee both at the inception
of the lease and during the first year of the
lease, assuming the lessee makes equal monthly
9
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 3 DQ 2 (UOP Course)
On January 1, 2006, Von Company entered into two
noncancelable leases for new machines to be used
in its manufacturing operations. The first lease
does not contain a bargain purchase option the
lease term is equal to 80 percent of the
estimated economic life of the machine. The
second lease contains a bargain purchase option
the
10
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 3 Individual Assignment Response to
Client Request I (UOP Course)
While working on a consulting engagement, a
supervisor in your team has given you an
assignment. The client is a regional trucking
company. A new customer has approached the client
with an opportunity that would require 120
trailers20 more than the trucking company
currently owns. The client is uncertain how long
the relationship with the customer may last, but
the deal has the potential for significant growth.
11
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 4 DQ 1 (UOP Course)
Discuss contingencies and how they are reported
on financial statements. What conditions must be
met before a contingency can be charged against
income?
12
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 4 DQ 2 (UOP Course)
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. Discuss how the two
basic requirements for accrual of a loss
contingency relate to the four concepts listed
above.
13
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 4 Individual Assignment Response to
Client Request II (UOP Course)
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. The client has also
informed you that by losing the lawsuit, he or
she anticipates losing the mortgage and has
started talking to a mortgage lender. The client
wants to know if part of the debt is forgiven,
14
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 5 DQ 1 (UOP Course)
Explain operating segments of an enterprise.
15
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 5 DQ 2 (UOP Course)
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.
16
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 5 Individual Assignment Reporting
Paper (UOP Course)
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.
17
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 6 DQ 1 (UOP Course)
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.
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ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 6 DQ 2 (UOP Course)
What type of accounting or which area of
accounting are you planning to enter as your
profession? Why?
19
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 6 Team Assignment Auditing a
Publicly Traded Company (UOP Course)
As a Staff I assigned to the audit of a publicly
traded company, your senior has asked you to
evaluate both share-based payment reporting and
special purpose entities (SPE) reporting for the
company. Research share-based payment
reporting and SPE reporting individually.
20
ACC 541 Course Inspiring Minds / tutorialrank.com
ACC 541 Week 6 Team Assignment Auditing a
Publicly Traded Company (UOP Course)
As a Staff I assigned to the audit of a publicly
traded company, your senior has asked you to
evaluate both share-based payment reporting and
special purpose entities (SPE) reporting for the
company. Research share-based payment
reporting and SPE reporting individually.
21
ACC 541 Course Inspiring Minds / tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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