Presentation is loading. Please wait.

Presentation is loading. Please wait.

ACC 573 NERD Lessons in Excellence-- acc573nerd.com.

Similar presentations


Presentation on theme: "ACC 573 NERD Lessons in Excellence-- acc573nerd.com."— Presentation transcript:

1 ACC 573 NERD Lessons in Excellence-- acc573nerd.com

2 ACC 573 Final Exam Guide FOR MORE CLASSES VISIT www.acc573nerd.com 1. To calculate a company's average tax rate an analyst would 2. The accumulated benefit obligation measures 3. The major difference between accounting for pensions and the accounting ACC 573 NERD Lessons in Excellence-- acc573nerd.com

3 ACC 573 Midterm Exam Guide FOR MORE CLASSES VISIT www.acc573nerd.com ACC 573 Midterm Exam Guide 1. The two categories of shareholders' equity usually found on the balance sheet of a corporation are 2. When a firm attempting to create unique products or services for particular market niches ACC 573 NERD Lessons in Excellence-- acc573nerd.com

4 ACC 573 Week 1 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Based on your review of the SEC reporting requirements as outlined in the Sarbanes-Oxley Act, assess the adequacy of the reporting requirements for providing credible financial and operating information for company stakeholders and ACC 573 NERD Lessons in Excellence-- acc573nerd.com

5 ACC 573 Week 1 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Assess how the GAAP and IFRS convergence project has impacted SEC reporting requirements, predicting the long- term impact of the convergence on reporting. Provide a rationale for your prediction. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

6 ACC 573 Week 2 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com As a CFO of a publically traded company, suggest how you would create an ethical environment to ensure account balances are correctly valued and reported so that information is reliable for users. Provide support for your rationale. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

7 ACC 573 Week 2 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com In today’s business environment where publicly traded companies feel pressure to meet short-term earnings expectations, management may be tempted to “manage earnings”. Assess how a financial statement user ACC 573 NERD Lessons in Excellence-- acc573nerd.com

8 ACC 573 Week 3 Assignment 1 Financial Statement Restatement and Ethics FOR MORE CLASSES VISIT www.acc573nerd.com Write a two to three (2-3) page paper in which you: Assess the factors that contributed to the financial statement restatement, signifying the executive management team’s attitude toward the restatement. Suggest how the restatement may have been avoided ACC 573 NERD Lessons in Excellence-- acc573nerd.com

9 ACC 573 Week 3 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com As part of the Sarbanes-Oxley Act, corporate officers are no longer able to “pass the buck” of responsibility for ensuring adequate controls over financial statements and reporting activities thus ensuring the accuracy of financial ACC 573 NERD Lessons in Excellence-- acc573nerd.com

10 ACC 573 Week 4 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Based on your review of the current requirements of the SEC and FASB, assess the adequacy of the guidelines for ensuring the transparency of off-balance-sheet transactions to investors, indicating where improvements may still ACC 573 NERD Lessons in Excellence-- acc573nerd.com

11 ACC 573 Week 4 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Based on the information found in the e-Activity, assess the key differences between U.S. GAAP and IFRS reporting for the testing of asset impairment and the requirement to write down the asset value. Indicate whether or ACC 573 NERD Lessons in Excellence-- acc573nerd.com

12 ACC 573 Week 5 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Create an argument for the use of Fair Market Accounting as opposed to historical cost. Provide support for your argument. Evaluate the effectiveness of the accounting principle guidelines for determining ACC 573 NERD Lessons in Excellence-- acc573nerd.com

13 ACC 573 Week 5 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Assess the risks associated with derivatives instruments, indicating how t ACC 573 NERD Lessons in Excellence-- acc573nerd.com

14 ACC 573 Week 6 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com The Sarbanes-Oxley (SOX) Act was created with the intent of improving the quality of accounting, reliability of financial statements to investors, and providing oversight to accounting professionals through the creation of a new federal ACC 573 NERD Lessons in Excellence-- acc573nerd.com

15 ACC 573 Week 6 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Assess the impact to public trust when a publically traded company restates its financial data, indicating how negative impressions may be minimized. Provide support for your rationale. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

16 ACC 573 Week 7 Assignment 2 Accounting Quality FOR MORE CLASSES VISIT www.acc573nerd.com Write a four to five (4-5) page paper in which you: Assess the roles of the Board of Directors and Chief Executive Officer of a public ACC 573 NERD Lessons in Excellence-- acc573nerd.com

17 ACC 573 Week 7 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Assess the financial performance forecasting process, identifying the assumptions made that are most likely to cause a gap between the forecast and actual performance. Indicate how these gaps may be minimized. Provide support ACC 573 NERD Lessons in Excellence-- acc573nerd.com

18 ACC 573 Week 7 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Assess the market and shareholder behaviors when a publically traded company makes the decision not to pay dividends to its shareholders, suggesting how management should react to these behaviors. Provide support for your rationale ACC 573 NERD Lessons in Excellence-- acc573nerd.com

19 ACC 573 Week 8 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Create an argument that use of the present value free cash- flow method has a more beneficial economic meaning than earnings-based methods. Provide support for your argument. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

20 ACC 573 Week 8 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Assess how the free cash-flow method can be used when a company is profitable yet the cash-flow values are expected to be negative over the next five years, indicating the likely impact on the valuation. Provide support for your rationale. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

21 ACC 573 Week 9 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Create an argument supporting that using the earnings-based valuation method ACC 573 NERD Lessons in Excellence-- acc573nerd.com

22 ACC 573 Week 9 DQ 2 FOR MORE CLASSES VISIT www.acc573nerd.com Evaluate the likely impact on a firm’s valuation when using U.S. GAAP versus IFRS accounting methods, indicating which accounting standards you believe may yield a more favorable result. Provide support for your position. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

23 ACC 573 Week 10 Assignment 3 Company Valuation (Facebook IPO) FOR MORE CLASSES VISIT www.acc573nerd.com Write a five to six (5-6) page paper in which you: Evaluate the valuation and method used to determine the Initial Public Offering value of Facebook stock, indicating any miscalculations in the valuation that may have mislead potential investors and how these errors may ACC 573 NERD Lessons in Excellence-- acc573nerd.com

24 ACC 573 Week 10 DQ 1 FOR MORE CLASSES VISIT www.acc573nerd.com Create an argument supporting that using the market- based valuation method yields the most accurate results. Provide support for your argument. ACC 573 NERD Lessons in Excellence-- acc573nerd.com

25


Download ppt "ACC 573 NERD Lessons in Excellence-- acc573nerd.com."

Similar presentations


Ads by Google