ACTG-52 Advanced Accounting ASSIGNMENTS

Chapter 1 1. Read the course syllabus thoroughly (See Syllabus link on left sidebar). Explore all the links that are

currently open in this course. 2. Read Chapter 1 in the textbook - The Equity Method of Accounting for Investments 3. Go to the Introduction forum within the Discussion and Private Messages link and introduce

yourself to the class. This assignment is worth 5 points and is due by April 12th (11pm). 4. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 5. Work practice problems 1-24, 1-25, and 1-26. The solutions for these problems are posted below. 6. Your Homework #1 is Excel Case #1 under the Developing Your Skills section of the text on page

36. Answer parts 1 & 2. You can also turn in Part 3 of Excel Case #1 for extra credit. Homework #1 is due by Sunday April 12th 11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #1

Chapter 2 1. Read chapter 2 in the textbook - Consolidation of Financial Information 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Work practice problems 2-17, 2-18, and 2-24. The solutions for these problems are posted below. 4. Your Homework #2 is Problems 2-25 and 2-26. Homework #2 is due by Sunday April 19th 11pm.

Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #2

Chapter 3 1. Read Chapter 3 in the textbook - ConsolidationsSubsequent to the Date of Acquisition 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Work practice problems 3-9, 3-10, and 3-11. The solutions for these problems are posted below. 4. Your Homework #3 is Excel Case 1, from chapter #3, on page 140 of the text. Homework #3 is due

by Sunday April 26th 11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #3

Chapter 4 1. Read Chapter 4 in the textbook - Consolidated Financial Statements and Outside

Ownership 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Work practice problems 4-26, 4-28, and 4-32. The solutions for these problems are posted below. 4. Your homework are problems 4-25 and 4-27 from chapter #4. Homework #4 is due by Sunday May

3rd 11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #4

ACTG-52 Advanced Accounting ASSIGNMENTS

Chapter 5 1. Read chapter 5 in the textbook - Consolidated Financial StatementsIntra-Entity Asset

Transactions 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Study the comprehensive illustration example on page 227 of the text, this is a good way to review the

main concepts of the chapter in a single example. 4. Work practice problems 5-21, 5-23, and 5-26. The solutions for these problems are posted below. 5. Your week Homework is problem 5-21 from chapter #5. Homework #5 is due by Sunday May 17th

11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #5

Chapter 6 1. Read Chapter 6 in the textbook - Variable Interest Entities, Intra-Entity Debt,

Consolidated Cash Flows, and Other Issues 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Study the comprehensive illustration example on page 281 of the text, this is a good way to review the

main concepts of the chapter in a single example. 4. Work practice problems 6-25, 6-27, and 6-28. The solutions for these problems are posted below. 5. Your homework are problems 6-30 and 6-31 from chapter #6. Homework #6 is due by Sunday

May 24th 11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Chapter #6

6. Extra Credit - 15 points The FASB ASC Subtopic Variable Interest Entities affects thousands of business enterprises that now, as primary beneficiaries, consolidate entities that qualify as controlled VIEs. Retrieve the annual reports of one or more of the following companies (or any others you may find) that consolidate VIEs:

The Walt Disney Company. General Electric. ConAgra Foods.

Time Warner. Allegheny Energy.

Required Write a brief report that describes 1. The reasons for consolidation of the companys VIE(s). 2. The effect of the consolidation of the VIE(s) on the companys financial statement

Chapter 7 1. Read chapter 7 in the textbook - Ownership Patterns and Income Taxes Consolidated

Financial Statements 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Study the comprehensive illustration example on page 329 of the text, this is a good way to review the

main concepts of the chapter in a single example. 4. Work practice problems 7-17 and 7-19. The solutions for these problems are posted below. 5. Your Homework #7 is problems 7- 18 from chapter #7. Homework #7 is due by Sunday May 31st,

11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #7

ACTG-52 Advanced Accounting ASSIGNMENTS

Chapter 8 1. Read chapter 8 in the textbook - Segment and Interim Reporting 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Study the comprehensive illustration example on page 369 of the text, this is a good way to review the

main concepts of the chapter in a single example. 4. Work practice problems 8-34, 8-35, and 8-36. The solutions for these problems are posted below. 5. Your Homework #7 is problems 8- 37 from chapter #8. Homework #8 is due by Sunday June 7th

11pm. Turn you Homework in by clicking on the Assignments, Tests & Survey section link under Chapter #8.

Chapter 9 1. Read chapter 9 in the textbook - Foreign currency transactions and Hedging foreign

exchange risk 2. As an additional learning resource, PowerPoint presentations covering the key points of each chapter

have been uploaded (see links below). This is the same material covered in the text. 3. Study the comprehensive illustration example on page 426 of the text, this is a good way to review the

main concepts of the chapter in a single example. 4. Work practice problems 9-29, 9-35, and 9-40. The solutions for these problems are posted below. 5. Your homework is problem 9-27 from chapter #9 and is due by Sunday June 14th 11pm. Turn you

Homework in by clicking on the Assignments, Tests & Survey section link under Homework Chapter #9.