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ACC 422 Expert Peer Educator/acc422expertdotcom

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ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper

ACC 422 Week 1 Summary

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www.acc422expert.com Resource: Internet Select a publicly held company to use as

the basis for this assignment. Research your selected company and

acquire the company’s most recent financial statements using the Internet.


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Post a 150 words summary what you have learned this week


ACC 422 Week 2 DQ 1 ACC 422 Week 2 DQ 2


www.acc422expert.com Under what circumstances would a

company need to estimate its inventory?

What are the differences between

using the gross profit method and retail inventory method for estimating inventory?

Which method of estimation, gross

profit or retail inventory, is best? Explain your answer.

FOR MORE CLASSES VISIT www.acc422expert.com What are the criteria for capitalization of

fixed assets? What items are included in the cost of a fixed

asset? Should interest be included in the cost of a

fixed asset? Explain why or why not.


ACC 422 Week 2 DQ 3 ACC 422 Week 2 Individual Assignment E7-2, E7-

8,Q13,E8-5 And E8-14


www.acc422expert.com How do we account for the disposition

of fixed assets? What are the differences in how the

exchanges of assets are handled, pending on whether they are similar or dissimilar?

What is the rationale for these

differences? What is the impact to the companies’

financial statements

FOR MORE CLASSES VISIT www.acc422expert.com Resource:Intermediate Accounting Prepare written responses to the following

assignments from the text: · Ch. 7: Exercises E7-2 & E7-8 Ch. 8: Question 13 and Exercises E8-5 & E8-

14


ACC 422 Week 2 Learning Team Assignment From The Text P7-10 And

E8-25

ACC 422 Week 2 Summary


www.acc422expert.com Resource:Intermediate Accounting Prepare written responses to the

following assignments from the text: · Ch. 7: Problem P7-10 Ch. 8: Exercise E8-25



Post a 150 words summary what you have learned this week

.




www.acc422expert.com What is the purpose of depreciation? Does the book value of a fixed asset

(cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not.

Should the financial statements reflect

the value of fixed assets? Explain why or why not.

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What are the different methods used to calculate depreciation?

How does a company decide which method it

should utilize? How does its choice affect the financial

statements? Should companies standardize the method of

depreciation to enhance comparability? Explain your answer.


ACC 422 Week 3 DQ 3 ACC 422 Week 3 Individual Assignment From the

Text E9-1,E9-12,E9-19,E10-5 And E10-12


www.acc422expert.com What is an intangible asset? Should all intangible assets be subject

to amortization? Explain why or why not.

Why are some intangible assets not

amortized? What is the implication to the financial

statements?



Resource:Intermediate Accounting Prepare written responses to the following

assignments from the text: · Ch. 9: Exorcices E9-1, E9-12, & E9-19 Ch. 10: Exercises E10-5 & E10-12


ACC 422 Week 3 Learning Team Assignment From The Text P9-9 And

P10-8 ACC 422 Week 3 Summary


www.acc422expert.com Resource:Intermediate Accounting Prepare written responses to the

following assignments from the text: · Ch. 9: Problem P9-9 Ch. 10: Problem P10-8

FOR MORE CLASSES VISIT www.acc422expert.com Post a 150 words summary what you have

learned this week




www.acc422expert.com What are the criteria for classifying

an item as a current liability? What are some examples of current

liabilities? Why is it important to classify a

portion of long-term debt on a yearly basis as a current liability?

What is the implication of

misclassifying a liability as current or long-term?



What is a contingency? Why are contingencies important to users of

financial statements? What are the criteria for recording

contingencies? Should companies record a liability for

threatened litigation? Explain why


ACC 422 Week 4 DQ 3 ACC 422 Week 4 Individual Assignment From The

Text E11-4,E11-11,E12-6 And E12-16


www.acc422expert.com What is a bond? What are some

features of a bond? How do you value bonds? What factors can affect that value?


www.acc422expert.com Resource:Intermediate Accounting Prepare written responses to the following

assignments from the text: · Ch. 11: Exercises E11-4 & E11-11 · Ch. 12: Exercises E12-6 & E12-16


ACC 422 Week 4 Learning Team Assignment From The Text E11-18,P11-

10 And P12-3

ACC 422 Week 5 DQ 1



Resource:Intermediate Accounting Prepare written responses to the

following assignments from the text: · Ch. 11: Exercise E11-18 &

Problem P11-10 Ch. 12: Problem P12-3



What are the differences between a direct-financing and a sales-type lease for a lessor?

Why would a lessor provide direct-financing

to a lessee? What types of organizations provide direct-

financing leases? .





What are the criteria for classifying a lease as operating or capital?

Why is there a difference between the

two? What are the implications of an

operating lease versus a capital lease on an entity’s financial statements?



What is residual value? What is the implication to the lessee if the

residual value is guaranteed or unguaranteed?

What is the implication to the lessor? .


ACC 422 Week 5 Individual Assignment From The Text E13-1,E13-7,E13-11 And

E13-13

ACC 422 Week 5 Learning Team Assignment From The Text P13-4,E14-21 And E21-7



Resource:Intermediate Accounting Prepare written responses to the

following assignments listed at the end of each chapter:

• Ch. 13: Exorcices E13-1, E13-7, E13-

11, & E13-13 • Ch. 21: Question 3


www.acc422expert.com Resource:Intermediate Accounting Prepare written responses to the following

assignments from the text: · Ch. 13: Problem P13-4 · Ch. 14: Exercise E14-21 Ch. 21: Exercise E21-7


ACC 422 Week 5 Learning Team Problem Presentation

ACC 422 Week 5 DQ 4



Collaborate as a team to provide

written responses to a facilitator-assigned problem.

Prepare a 5- to 10-minute oral

presentation accompanied by a 7- to 9-slide Microsoft® PowerPoint® presentation illustrating your team’s solution to the assigned problem.


www.acc422expert.com Week 5 – DQ 4 What are the advantages of operating and

capital leases? What are the disadvantages? Why would a company pick one over the

other?


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