User Homework Solutions

Test

PurposeTo assess your ability to evaluate financial statement data for a corporation in preparation of year-end financial statements and disclosure notes.OverviewIn this assignment you will review journal, ledgers, and financial statements prepared by the CFO, as found in your readings. As a group you will prepare a list of questions for the CFO, and participate in an interactive session to present and discuss your groups' questions.Action ItemsR

PurposeTo assess your ability to research accounting issues and rules related to a start-up company.OverviewThis assignment forms the basis for the upcoming assignment,3-1: Year One Group Paper and Presentationin Week 3 of corrected financial statements. This assignment is necessary to form the "I" (Issues) and "R" (Research) needed for preparation of the "A" (Analysis) and "C" (Conclusion) that combine to form the IRAC methodology. Therefore, yo

PurposeThe purpose of this assignment is to assess your ability to:recommend year-end financial statements and disclosure notes (format and structure)evaluate issuance of common stockassess accounting treatment for start-up costsanalyze capitalization vs. expense treatmentevaluate revenue recognition including income deferralformulate accounting for net operating lossescalculate earnings per shareOverviewTo accomplish this assignment, you will be

PurposeTo evaluate financial statement data for a corporation in preparation for year-end financial statements and disclosure notes.Action ItemsReview the journal, ledgers, and financial statements prepared by the CFO found in Requirement 5's reading. The Requirement 5 document can be found in the Business Activity Model (BAM) under the Year 2 folder. The password is provided by your instructor.Develop and list 7 to 10 in-depth questions and/or r

PurposeTo assess your ability to research accounting issues and rules related to a start-up company.OverviewThis assignment will form the basis for the preparation of corrected financial statements in the Year Two Group Paper. This present assignment is necessary to form the "I" (Issues) and "R" (Research) needed for preparation of the "A" (Analysis) and "C" (Conclusion) that combine to form the IRAC methodology.Action ItemsReflect upon each of t

PurposeThe purpose of this assignment is to assess your ability to:recommend year-end financial statements and disclosure notesanalyze deferred taxescalculate property depreciation (fractional and tax depreciation methods)assess accounting for bad debtsevaluate treatment of notes payable (amortization schedules and expense accruals)OverviewTo accomplish this assignment, you will be producing an assignment that is structured utilizing the I.R.A.C.

PurposeTo evaluate financial statement data for a corporation in preparation for year-end financial statements and disclosure notes.Action ItemsReview the journal, ledgers, and financial statements prepared by the CFO found in Requirement 7's reading. The Requirement 7 document can be found in the Business Activity Model (BAM) under the Year 3 folder. The password is provided by your instructor.Develop and list 7 to 10 in-depth questions and/or r

PurposeTo assess the student's mastery of the Accounting field of study.Action ItemsWrite a 2-page paper on a current accounting topic of interest to you in a professional accounting or business journal. Summarize your paper to cover the following sections:Issue: Describe the issue/purpose of the paperRule/Principles: What are the relevant accounting or tax sections of the authoritative literature or statute/regulation(s) that are pertinent from

PurposeTo assess your ability to research accounting issues and rules related to a start-up company.OverviewThis assignment forms the basis for the upcoming assignment, Year Four Group Paper in Week 12 of corrected financial statements. This present assignment is necessary to form the "I" (Issues) and "R" (Research) needed for preparation of the "A" (Analysis) and "C" (Conclusion) that combine to form the IRAC methodology.Action ItemsReflect upon