2. ACC 541 Entire Course FOR MORE CLASSES VISIT www.acc541tutors.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 Week 1 DQ 1 FOR MORE CLASSES VISIT www.acc541tutors.com What is the importance of the mission of the FASB?

4. ACC 541 Week 1 DQ 2 FOR MORE CLASSES VISIT www.acc541tutors.com Under current GAAP, goodwill is recorded when purchased.

5. ACC 541 Week 1 Individual Assignment Accounting Standards Boards Paper FOR MORE CLASSES VISIT www.acc541tutors.com The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are currently working on a joint venture referred to as the convergence project.

6. ACC 541 Week 2 DQ 1 FOR MORE CLASSES VISIT www.acc541tutors.com What are the four criteria used for determining if a lease is to be treated as a capital lease?

7. ACC 541 Week 2 DQ 2 FOR MORE CLASSES VISIT www.acc541tutors.com Under current GAAP, goodwill is recorded when purchased.

8. ACC 541 Week 2 Individual Assignment Client Understanding Paper FOR MORE CLASSES VISIT www.acc541tutors.com As a newly hired Staff I, you are responsible for analyzing the work papers for one of the clients of your organization.

9. ACC 541 Week 3 DQ 1 FOR MORE CLASSES VISIT www.acc541tutors.com Capital leases and operating leases are the two classifications of leases described in FASB pronouncements from the standpoint of the lessee. Describe how an operating lease would be accounted

10. ACC 541 Week 3 DQ 2 FOR MORE CLASSES VISIT www.acc541tutors.com On January 1, 2006, Von Company entered into two non cancelable leases for new machines to be used in its manufacturing operations.

11. ACC 541 Week 3 Individual Assignment Response to Client Request I FOR MORE CLASSES VISIT www.acc541tutors.com While working on a consulting engagement, a supervisor in your team has given you an assignment. The client is a regional trucking company. A new customer has approached the client

12. ACC 541 Week 4 DQ 1 FOR MORE CLASSES VISIT www.acc541tutors.com Discuss contingencies and how they are reported on financial statements. What conditions must be met before a contingency can be charged against income?

13. ACC 541 Week 4 DQ 2 FOR MORE CLASSES VISIT www.acc541tutors.com 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.

14. ACC 541 Week 4 Individual Assignment Response to Client Request II FOR MORE CLASSES VISIT www.acc541tutors.com Your client is being sued. You have asked the client’s lawyer about the possibility of losing the lawsuit. The client, meanwhile, has asked you to describe what would happen to his or her financial statements.

15. ACC 541 Week 5 DQ 1 FOR MORE CLASSES VISIT www.acc541tutors.com Explain operating segments of an enterprise.

16. ACC 541 Week 5 DQ 2 FOR MORE CLASSES VISIT www.acc541tutors.com The concept of adequate disclosure continues to be one of the most important issues facing accountants, and disclosure may take various forms.

17. ACC 541 Week 5 Individual Assignment Reporting Paper FOR MORE CLASSES VISIT www.acc541tutors.com You are a controller in a midsized manufacturing company that has acquired 100% of another company

18. ACC 541 Week 6 DQ 1 FOR MORE CLASSES VISIT www.acc541tutors.com A corporation may use stock splits and stock dividends to change the number of shares of its stock outstanding.

19. ACC 541 Week 6 DQ 2 FOR MORE CLASSES VISIT www.acc541tutors.com What type of accounting or which area of accounting are you planning to enter as your profession? Why?

20. ACC 541 Week 6 Team Assignment Auditing a Publicly Traded Company FOR MORE CLASSES VISIT www.acc541tutors.com As a Staff I assigned to the audit of a publicly traded company, your senior has asked you to evaluate both share-based payment reporting and special purpose entities (SPE) reporting for the company.