ACC/557 Entire Course - 29159

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ACC 557 Entire Course / Assignments / DQs / Homework Chapters / Quizzes 2013 Version

 

Assignment 1: Review of Accounting Ethics


Many organizations have been in the news over the past few years due to accounting ethical breaches that have affected their customers, employees, or the general public. Search the Internet or the Strayer Library to locate a story in the news that depicts an accounting ethical breach. You may select from any type of organization about which you have information or a curiosity.  

Write a four to five (4-5) page paper in which you: 

Given the corporate ethical breaches in recent times, assess whether or not you believe that the current business and regulatory environment is more conducive to ethical behavior. Provide support for your answer.   Based on your research, describe the organization, the accounting ethical breach and the impact to the organization related to ethical breach.  Determine how the organizational ethical issue was detected and how management failed to create an ethical environment. Analyze the accounts impacted and / or accounting guidelines violated and the resulting impact to the business operation.   As a CFO, recommend which measures could have been taken to prevent this ethical breach and how each measure should be implemented in the future.  Use at least FIVE (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

PLEASE make sure to include in-text citation and reference as well. (Really improtant)

Your assignment must follow these formatting requirements: 

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.  Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. 

 

ACC 557 Assignment 2 You Are an Entrepreneur!

Assignment 2: You Are an Entrepreneur!
Due Week 6 and worth 280 points

Student life does not generally afford a great deal of free time to pursue your personal interests; however, at one point, you may have considered turning a personal interest or hobby into an official enterprise. Today, you have finally decided to turn that hobby into a business but have realized that you need start-up capital from a lender or investor.

To obtain funding, you need to convince a lender / investor that your business is more than a hobby. You need to demonstrate that you have a firm grasp of your business, the accounting practices that impact your business, the controls needed to safeguard assets, and which accounting system will produce accurate and relevant financial information.

Write a six to eight (6-8) page business plan in which you:

Describe the type of business you have created including: 
a. The product or service, and general staffing plan. Provide a rationale for your plan. 
b. The form of your business and the benefits it offers your particular business,
c. A chart of accounts specific to your business, including a rationale as to the selection of each account. (Note: The chart of accounts is a blueprint of your business for the lender/investor. It should report the expected resources that you will consume in your business (assets), the sources of those resources (liabilities and equity), the sources of revenue, and expenditures that you expect to incur to earn those revenues. You may build a detailed chart that includes business units, divisions, product lines, etc.) Based on the form of your business, analyze whether or not you will be required to use Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) accounting methods and how the IFRS / GAAP convergence will impact your business. Suggest how you will incorporate any changes into your books and records. (Note: You need to demonstrate to the lender/investor that you have recognized possible changes to GAAP that may impact the accounting and reporting of your accounting events.) Prepare a pro forma balance sheet and income statement providing the assumptions made and support the valuations assigned.  Considering the value of assets (assigned per your balance sheet) used within your business, recommend two (2) specific internal controls that you will implement to protect your company’s assets and resources, justifying how each will provide assurances to management. (NOTE:  Safeguarding assets and protecting personal data are paramount to ensuring the viability of a business.  Demonstrate to the lender/investor that your assets will be safeguarded and customer information (if applicable) will be protected.) Based on the internal control recommendations that you made, suggest how you will implement each within your business environment, indicating how challenges or resistances will be overcome.   Evaluate the impact of the regulatory environment, including the Sarbanes-Oxley Act and other regulatory requirements, on your business venture, giving considering to how you intend to comply with the requirements and the general impact to decision making within your business. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources 

 

ACC 557 Assignment 3 You Are an Investment Analyst

Assignment 3: You Are an Investment Analyst

As the representative from your accounting firm or practice, you are in charge of stock market analysis that will be presented to clients as part of professional consultation process. One of your high-profile clients is trying to determine the possible investment potential between two companies. However, before you can recommend investments to clients, you need to familiarize yourself with the background of the companies, analyze stock trends, research current events, and analyze financial statements. Select one (1) pair of these companies and conduct your analysis.

· Pepsi versus Coca Cola, or

· Amazon versus eBay

Write an eight to ten (8-10) page paper in which you:

1. Analyze each company’s history, product / services, major customers, major suppliers, and leadership and provide a synopsis of each company.

2. Based on the stock price for the timeline listed below, present a graph that illustrates the stock price of each company. Indicate conclusions that can be drawn based on the trend:

a. The day of its initial public offering

b. January 1, 2012

c. January 1, 2011

d. January 1, 2010

3. Research and summarize at least two (2) news events (this may include mergers, acquisitions, or political issues) that occurred from 2010 to the present day and the potential impact on the stock price of each company. Indicate how this influences your investment decision related to the company.

4. Provide an overall financial analysis for each company that highlights the key characteristics for investment and how this may impact an investor’s decision.

5. Based on your review of the financial data for each company, indicate the accuracy and reliability of the data for making investment decision. Provide support for your conclusion.

6. Recommend which company you consider as the better investment for your client and how you will present your recommendation. Support your recommendation with data from your analysis.

7. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:

· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

· Analyze the accounting for corporation requirements related to stock valuation, dividends, and retained earnings.

· Determine how to value investments and how to report them based on that valuation.

· Use technology and information resources to research issues in financial accounting.

· Write clearly and concisely about financial accounting using proper writing mechanics.

Assignment 3: You Are an Investment Analyst

1. Analyze each company’s history, product / services, major customers, major suppliers, and leadership and provide a synopsis of each company.

Weight: 15%

Did not submit or incompletely analyzed each company’s history, product / services, major customers, major suppliers, and leadership and did not submit or incompletely provided a synopsis of each company.

Partially analyzed each company’s history, product / services, major customers, major suppliers, and leadership and partially provided a synopsis of each company.

Satisfactorily analyzed each company’s history, product / services, major customers, major suppliers, and leadership and satisfactorily provided a synopsis of each company.

Thoroughly analyzed each company’s history, product / services, major customers, major suppliers, and leadership and thoroughly provided a synopsis of each company.

2. Present a graph that illustrates the stock price of each company, using each of the four (4) timelines. Indicate conclusions that can be drawn based on the trend.

Weight: 15%

Did not submit or incompletely presented a graph that illustrates the stock price of each company, using each of the four (4) timelines; did not submit or incompletely indicated conclusions that can be drawn based on the trend.

Partially presented a graph that illustrates the stock price of each company, using each of the four (4) timelines; partially indicated conclusions that can be drawn based on the trend.

Satisfactorily presented a graph that illustrates the stock price of each company, using each of the four (4) timelines; satisfactorily indicated conclusions that can be drawn based on the trend.

Thoroughly presented a graph that illustrates the stock price of each company, using each of the four (4) timelines; thoroughly indicated conclusions that can be drawn based on the trend.

3. Research and summarize at least two (2) news events that occurred from 2010 to the present day and the potential impact on the stock price of each company. Indicate how this influences your investment decision related to the company.

Weight: 15%

Did not submit or incompletely researched and summarized at least two (2) news events that occurred from 2010 to the present day and the potential impact on the stock price of each company. Did not indicate or incompletely indicated how this influences your investment decision related to the company.

Partially researched and summarized at least two (2) news events that occurred from 2010 to the present day and the potential impact on the stock price of each company. Partially indicated how this influences your investment decision related to the company.

Satisfactorily researched and summarized at least two (2) news events that occurred from 2010 to the present day and the potential impact on the stock price of each company. Satisfactorily indicated how this influences your investment decision related to the company.

Thoroughly researched and summarized at least two (2) news events that occurred from 2010 to the present day and the potential impact on the stock price of each company. Thoroughly indicated how this influences your investment decision related to the company.

 

ACC 557 All Discussion Questions  Week 1 - 11

 

ACC 557 Week 1 DQ1

"Improper or Illegal Methods” Please respond to the following:

From the e-Activity, identify the company, the accounting impropriety or illegality, how it was detected, the outcome, and propose a strategy that might have prevented the situation. Indicate how the strategy should be implemented.

Assess the impact to the company’s financial performance based on the impropriety and the resulting effect to stakeholder confidence in management, recommending how the company can minimize the resulting impact to the business.

ACC 557 Week 1 DQ2

"General Accounting Principles" Please respond to the following:

“Bookkeeping and accounting are the same.” In terms of your role in the provision of financial services, present data to support the accuracy of this statement and support your position.

Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.

ACC 557 Week 2 DQ1

"Sarbanes-Oxley Act (SOX)" Please respond to the following:

From the e-Activity, recommend how the SOX framework can ensure reliable and complete financial information and how accounting professionals have benefitted from its use.
Provide support for your response. Evaluate how the SOX has reinforced investors’ and creditors’ confidence in companies and how these individuals can take steps to verify the accuracy of the financial statements of potential investments or loans. Provide support for your rationale.

ACC 557 Week 2 DQ2

"Accounting for a Specific Circumstance" Please respond to the following:

From the e-Activity research you gathered, analyze how you, as the Chief Financial Officer (CFO) of
a “big box store” that has potential pollution, environmental-disposal, or demolition problems, would handle these costs in your financial statements and communicate this proposed plan to your colleagues on the management team. Indicate how any resistance would be overcome. Support your stance with the information that you obtained through your research. Recommend the advantages and disadvantages of recording the above-referenced costs in the financial statements and how this might alter the company’s public image.

ACC 557 Week 3 DQ1

"Researching Financial Information" Please respond to the following:

From the e-Activity, analyze one company’s financial position and determine whether or not the stock potential will rise, remain stable, or decrease in value. Determine whether you would invest in it or not at this time. Provide a rationale for your response. 

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