1. ACC 541 Competitive Success/snaptutorial.com

2. ACC 541 Entire Course For more classes visits www.snaptutorial.com ACC 541 Week 1 Individual Assignment Accounting Standards Boards Paper ACC 541 Week 1 DQ 1 ACC 541 Week 1 DQ 2 ACC 541 Week 2 Individual Assignment Client Understanding Paper

3. ACC 541 Competitive Success/snaptutorial.com ACC 541 Final Exam For more classes visit www.snaptutorial.com estion 95 Application of the full disclosure principle Question 54 The omission of the adjusting entry to record depreciation expense will result in an Question 84 What should be the balance of retained earnings at December 31, 2017?

4. ACC 541 Competitive Success/snaptutorial.com ACC 541 Midterm Exam For more classes visits www.snaptutorial.com Question 21 Generally accepted accounting principles Question 47 Which of the following does not relate to relevance?

5. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 1 DQ 1 For more classes visits www.snaptutorial.com Week 1 – DQ 1 What is the importance of the mission of the FASB?

6. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 1 DQ 2 For more classes visits www.snaptutorial.com Week 1 – DQ 2 Under current GAAP, goodwill is recorded when purchased.

7. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 1 DQ 2 For more classes visits www.snaptutorial.com Week 1 – DQ 2 Under current GAAP, goodwill is recorded when purchased.

8. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 2 DQ 1 For more classes visits www.snaptutorial.com Week 2 – DQ 1 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.)

9. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 2 DQ 2 For more classes visits www.snaptutorial.com Week 2 – DQ 2 Under current GAAP, goodwill is recorded when purchased.

10. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 2 Team IFRS or GAAP Recommendation For more classes visits www.snaptutorial.com Client X operates in the US currently and is planning to expand operations globally next year. As a result, management is considering preparing financial statements in accordance with IFRS rather than with US GAAP. Client X contacted you for clarification and recommendations regarding the following issues:

11. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 3 DQ 1 For more classes visits www.snaptutorial.com Week 3 – DQ 1 Capital leases and operating leases are the two classifications of leases described in FASB pronouncements from the standpoint of the lessee.

12. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 3 DQ 2 For more classes visits www.snaptutorial.com Week 3 – DQ 2 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

13. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 4 Assignment Codification Research Case (Ch 18- Revenue Recognition) For more classes visits www.snaptutorial.com (a) What is the authoritative literature addressing revenue recognition when right of return exists? (b) What is meant by “right of return”? “Bill and hold”?

14. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 4 DQ 1 For more classes visits www.snaptutorial.com Week 4 – DQ 1 Discuss contingencies and how they are reported on financial statements. What conditions must be met before a contingency can be charged against income?

15. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 4 DQ 2 For more classes visits www.snaptutorial.com Week 4 – DQ 2 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.

16. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 4 Team Memo to Client For more classes visits www.snaptutorial.com Debate with your team the Codification Research Case. Have half the team support the sales manager's position and another part of the team support the CFOs position. Present both sides and come to a consensus as a team. Additionally, the CFO at this company has asked for your guidance in evaluating leases.

17. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 5 DQ 1 For more classes visits www.snaptutorial.com Week 5 – DQ 1 Explain operating segments of an enterprise.

18. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 5 DQ 2 For more classes visits www.snaptutorial.com Week 5 – DQ 2 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.

19. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 5 TeamMemo Fair Value Reporting and Pension Plan (2 Papers) For more classes visits www.snaptutorial.com Discuss the research results with your team, and come to a consensus. Additionally, the client is considering offering a pension plan to its employees next year.

20. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 6 DQ 1 For more classes visits www.snaptutorial.com Week 6 – DQ 1 A corporation may use stock splits and stock dividends to change the number of shares of its stock outstanding.

21. ACC 541 Competitive Success/snaptutorial.com ACC 541 Week 6 DQ 2 For more classes visits www.snaptutorial.com Week 6 – DQ 2 What type of accounting or which area of accounting are you planning to enter as your profession? Why?

22. ACC 541 Competitive Success/snaptutorial.com