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ACC 440 Entire Course For more course tutorials visit www.acc440helps.com ACC 440 Week 1 Discussion Question 1 ACC 440 Week 1 Discussion Question 2 ACC.

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Presentation on theme: "ACC 440 Entire Course For more course tutorials visit www.acc440helps.com ACC 440 Week 1 Discussion Question 1 ACC 440 Week 1 Discussion Question 2 ACC."— Presentation transcript:

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2 ACC 440 Entire Course For more course tutorials visit www.acc440helps.com ACC 440 Week 1 Discussion Question 1 ACC 440 Week 1 Discussion Question 2 ACC 440 Week 1 Individual Assignment Ch. 2 Text Exercises C2-1 And E2-1 ACC 440 Week 2 Discussion Question 1 ACC 440 Week 2 Discussion Question 2

3 ACC 440 Week 1 Discussion Question 1 For more course tutorials visit www.acc440helps.com What is the significance of goodwill in the consolidation process? Why is it necessary to determine goodwill impairment? Do you agree with the change in accounting for goodwill? Why or why not?

4 ACC 440 Week 1 Discussion Question 2 For more course tutorials visit www.acc440helps.com Define the cost and equity methods or accounting for an investment. Under what circumstances would you use the cost or equity method of accounting for an investment? Why are the percentages of ownership only a guideline when accounting for an investment?

5 ACC 440 Week 1 Individual Assignment Ch. 2 Text Exercises C2-1 And E2-1 For more course tutorials visit www.acc440helps.com Resource: Ch. 2 of Advanced Financial Accounting Prepare solutions to the following exercises from Ch. 2 of the text: · C2-1: Choice of Accounting Method E2-1: Use of Cost and Equity Methods

6 ACC 440 Week 2 Discussion Question 1 For more course tutorials visit www.acc440helps.com How are foreign exchange gains and losses reported?

7 ACC 440 Week 2 Discussion Question 2 For more course tutorials visit www.acc440helps.com Why do companies hedge? Why would some companies choose not to hedge?

8 ACC 440 Week 2 Individual Assignment C12-3 Paper For more course tutorials visit www.acc440helps.com Resource: Ch. 12 of Advanced Financial Accounting Prepare a solution to the C12-3: IASB Deliberations exercise from Ch. 12 of the text. Write a 700- to 1,050-word report in which you provide your responses to the case.

9 ACC 440 Week 2 Learning Team Assignment E1-2 And P1-31 For more course tutorials visit www.acc440helps.com Resource: Ch. 1 of Advanced Financial Accounting Prepare solutions to the following exercises from Ch. 1 of the text: · E1-2: Multiple-Choice Questions on Recording Business Combinations P1-31: Journal Entries to Record a Business Combination

10 ACC 440 Week 3 Discussion Question 1 For more course tutorials visit www.acc440helps.com What are some of the issues we may run into when consolidating financial statements at period end? What types of transactions need to be addressed in a consolidation?

11 ACC 440 Week 3 Discussion Question 2 For more course tutorials visit www.acc440helps.com Why do most parent companies acquire 100 percent ownership of the subsidiary when 51 percent would grant them economic control? What are the economic reasons supporting more than a 51 percent ownership level?

12 ACC 440 Week 3 Individual Assignment Ch. 12 Exercise P12-17 Template For more course tutorials visit www.acc440helps.com Resource: Ch. 12 of Advanced Financial Accounting Prepare a solution to the P12-17: Translation, Journal Entries, Consolidated Comprehensive Income, and Stockholders’ Equity exercise from Ch. 12 of the text.

13 ACC 440 Week 3 Learning Team Assignment Ch. 11 Exercise Q11-1 And Q11-10 For more course tutorials visit www.acc440helps.com Resource: Ch. 11 of Advanced Financial Accounting Prepare solutions to the Q11-1–Q11-10 exercises from Ch. 11 of the text.

14 ACC 440 Week 4 Discussion Question 1 For more course tutorials visit www.acc440helps.com What are some issues to consider before investing in another company?

15 ACC 440 Week 4 Discussion Question 2 For more course tutorials visit www.acc440helps.com What effect does a negative retained earnings balance on the subsidiary’s books have on consolidation procedures?

16 ACC 440 Week 4 Individual Assignment Q4-1, Q4-3, Q4-9, P5-30 For more course tutorials visit www.acc440helps.com Resource: Ch. 4 & 5 of Advanced Financial Accounting Prepare solutions to the following exercises from Ch. 4 & 5 of the text: · Q4-1–Q4-3 & Q4-9 P5-30: Incomplete Data

17 ACC 440 Week 4 Learning Team Ch. 3 And 4 Assignment E3-8, C4- 1 For more course tutorials visit www.acc440helps.com Resource: Ch. 3 & 4 of Advanced Financial Accounting Prepare solutions to the following exercises from Ch. 3 & 4 of the text: · E3-8: Subsidiary Acquired for Cash C4-1: Need for Consolidation Process

18 ACC 440 Week 5 Discussion Question 1 For more course tutorials visit www.acc440helps.com When are profits on inter-corporate sales considered to be realized? Explain.

19 ACC 440 Week 5 Discussion Question 2 For more course tutorials visit www.acc440helps.com What dollar amounts in the consolidated financial statements will be incorrect if intercompany services are not eliminated?

20 ACC 440 Week 5 Individual Assignment Ch. 5 and Ch. 10 Exercise E5-13, P5-32, C10-1 For more course tutorials visit www.acc440helps.com Resources: Ch. 5 & 10 of Advanced Financial Accounting Prepare solutions to the following exercises from Ch. 5 & 10 of the text: · E5-13: Consolidation after One Year of Ownership

21 ACC 440 Week 5 Learning Team Assignment Ch. 6 and Ch. 10 Exercise E6-11,E10-5, E10-6 For more course tutorials visit www.acc440helps.com Resources: Ch. 6 & 10 of Advanced Financial Accounting Prepare solutions to the following exercises from Ch. 6 & 10 of the text: · E6-11: Upstream Sale of Equipment in Prior Period

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