Week 1 Discussion Research the accounting profession and choose three possible career paths that interest you.
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ACC 660 Advanced Financial Accounting GCU
Week 1 Discussion
Research the accounting profession and choose three possible career paths that interest you. Describe those careers and why they are of interest. Participate in follow-up discussion by commenting upon career options that your classmates have posted about. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 2 Discussion
Select a publicly traded company and access its most recent financial statements from its annual report. Include the name of the company in your subject line, and do not choose a company about which one of your classmates has already posted. Examine the balance sheet and income statement for that company, and identify the items that deviate from the typical formats of the classified balance sheet and multi-step income statement that we have examined in class. Find justification in the FASB Codification that supports or contradicts the financial statement presentation, and cite the Codification section so that your classmates can find this information. If there are any items that you see on the financial statements that you do not understand, identify those for your classmates and instructor to provide guidance on. Participate in follow-up discussion by asking questions about the financial statements that your classmates posted on, or responding to questions that they pose. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 3 Discussion
Find an article regarding the misappropriation of cash. In 250-300 words, summarize the article that you found and post that summary in the discussion forum. Post the article name in the subject line and do not post on an article that another classmate has already posted. Participate in follow-up discussion by choosing one of the articles that your classmates’ posted on and providing additional comments about the findings of that article. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 4 Discussion
Explore the FASB Codification section related to inventory (§330). Explain how inventory might be treated within a particular industry, and justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 5 Discussion
The accountant uses significant judgment in the valuation of assets. How does the accountant use estimates and judgment in the valuation of long-term assets? Is it ethical for an accountant to use estimates and varying methodology to achieve desired corporate results? Participate in follow-up discussion by challenging or confirming your classmates’ positions. Support your challenges with external references. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 6 Discussion
Explore the FASB Codification section related to liabilities (§405). Explain how specific liabilities might be treated, and justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 7 Discussion
Explore the FASB Codification sections related to pensions (plan accounting) (§960, 962 & 965). Identify one concept that you did not know prior to completing this research and share it with the class, citing the code section. Identify one question that has arisen as you have explored pensions in the Codification, and post this question as well. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates, or answering their questions. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 8 Discussion
Find an article regarding the revenue recognition, full disclosure, or accounting changes. In 250-300 words, summarize the article that you found and post that summary in the discussion forum. Post the article name in the subject line and do not post on an article that another classmate has already posted. Participate in follow-up discussion by choosing one of the articles that your classmates’ posted on and providing additional comments about the findings of that article. Your initial post should be 250-500, and should demonstrate solid academic writing skills.
ACC 660 Advanced Financial Accounting
Week 1 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 2: E2-4, E2-5, E2-6
Chapter 3: E3-1, E3-5, E3-16
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 2 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 4: E4-5
Chapter 5: E5-12, E5-15
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 3 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 6: E6-3, E6-4, E6-13
Chapter 7: E7-1, E7-5, E7-6, E7-7, E7-24
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 4 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 8: E8-1, P8-4
Chapter 9: P9-2
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 5 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 10: E10-2, E10-13
Chapter 11: E11-19, P11-1
Chapter 12: E12-2, E12-6
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 6 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 13: E13-2, E13-7, E13-8, E13-10
Chapter 14: E14-1, E14-4
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 7 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 15: E15-2, E15-6, E15-8, E15-14
Chapter 16: E16-15, E16-19
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
ACC 660 Advanced Financial Accounting
Week 8 Assignment
Please complete the following exercises and/or problems from the textbook:
Chapter 18: P18-11, CA18-1, CA18-2
Chapter 23: P23-1
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
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