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2. ACC 422 Entire Course ACC 422 Week 1 DQ 1 ACC 422 Week 1 DQ 2 ACC 422 Week 1 DQ 3 ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper ACC 422 Week 1 Summary Week 1 – DQ 1 Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. ACC 422 Week 1 DQ 1

3. ACC 422 Week 1 DQ 2 Week 1 – DQ 2 What is the perpetual method of tracking inventory? How does it differ from the periodic method of tracking inventory? Why would a company choose one method over the other method? Week 1 – DQ 3 What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require? Why? Should all companies have bad debt? Explain your answer. ACC 422 Week 1 DQ 3

4. ACC 422 Week 1 Individual Assignment Resource: Internet Select a publicly held company to use as the basis for this assignment. Research your selected company and acquire the company’s most recent financial statements using the Internet. Post a 150 words summary what you have learned this week ACC 422 Week 1 Summary

5. ACC 422 Week 2 DQ 1 Week 2 – DQ 1 Under what circumstances would a company need to estimate its inventory? What are the differences between using the gross profit method and retail inventory method for estimating inventory? Week 2 – DQ 2 What are the criteria for capitalization of fixed assets? What items are included in the cost of a fixed asset? Should interest be included in the cost of a fixed asset? Explain why or why not. ACC 422 Week 2 DQ 2

6. ACC 422 Week 2 DQ 3 Week 2 – DQ 3 How do we account for the disposition of fixed assets? What are the differences in how the exchanges of assets are handled, pending on whether they are similar or dissimilar? Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: ACC 422 Week 2 Individual Assignment E7-2, E7-8,Q13

7. ACC 422 Week 2 Learning Team Assignment From Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: Ch. 7: Problem P7-10 Ch. 8: Exercise E8-25 Post a 150 words summary what you have learned this week ACC 422 Week 2 Summary

8. ACC 422 Week 3 DQ 1 Week 3 – DQ 1 What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Week 3 – DQ 2 What are the different methods used to calculate depreciation? How does a company decide which method it should utilize? How does its choice affect the financial statements? ACC 422 Week 3 DQ 2

9. ACC 422 Week 3 DQ 3 Week 3 – DQ 3 What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. ACC 422 Week 3 DQ 4

10. ACC 422 Week 3 Individual Assignment Prepare written responses to the following assignments from the text: Ch. 9: Exorcices E9-1, E9-12, & E9-19 Ch. 10: Exercises E10-5 & E10-12 Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: Ch. 9: Problem P9-9 Ch. 10: Problem P10-8 ACC 422 Week 3 Learning Team Assignment

11. ACC 422 Week 3 Summary Post a 150 words summary what you have learned this week Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: Ch. 11: Exercises E11-4 & E11-11 Ch. 12: Exercises E12-6 & E12-16 ACC 422 Week 4 Individual Assignment

12. ACC 422 Week 4 DQ 1 Week 4 – DQ 1 What are the criteria for classifying an item as a current liability? What are some examples of current liabilities? Week 4 – DQ 2 What is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingencies? ACC 422 Week 4 DQ 2

13. ACC 422 Week 4 DQ 3 Week 4 – DQ 3 What is a bond? What are some features of a bond? How do you value bonds? What factors can affect that value? Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: Ch. 11: Exercise E11-18 & Problem P11-10 Ch. 12: Problem P12-3 ACC 422 Week 4 Learning Team

14. ACC 422 Week 5 DQ 1 Week 5 – DQ 1 What are the differences between a direct-financing and a sales-type lease for a lessor? Why would a lessor provide direct-financing to a lessee? What types of organizations provide direct-financing leases? Week 5 – DQ 2 What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two? ACC 422 Week 5 DQ 2

15. ACC 422 Week 5 DQ 3 Week 5 – DQ 3 What is residual value? What is the implication to the lessee if the residual value is guaranteed or unguaranteed? What is the implication to the lessor? Week 5 – DQ 4 What are the advantages of operating and capital leases? What are the disadvantages? Why would a company pick one over the other? ACC 422 Week 5 DQ 4

16. ACC 422 Week 5 Individual Assignment Resource: Intermediate Accounting Prepare written responses to the following assignments listed at the end of each chapter: Ch. 13: Exorcices E13-1, E13-7, E13-11, & E13-13 Ch. 21: Question 3 Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: Ch. 13: Problem P13-4 Ch. 14: Exercise E14-21 Ch. 21: Exercise E21-7 ACC 422 Week 5 Learning Team Assignment

17. ACC 422 week 5 Learning Team Problem Collaborate as a team to provide written responses to a facilitator-assigned problem. Prepare a 5- to 10-minute oral presentation accompanied by a 7- to 9-slide Microsoft ® PowerPoint ® presentation illustrating your team’s solution to the assigned problem.

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