d 2 Practice Exercises Complete the following practice exercises from Chapter 1 and 2 and submit them to your instructor. This assign ment will be graded as a completion only to allow you t o transition into the subject matter during the first week . The instructor will post the answers to these exercises by the end of Day 6 for you to check your accuracy and comprehension on the subject matter. Exercises: 1-2, 14, 1-9, 1-12, 1-18, 2-1, 2-3, 2-19, 2-22, 2-25.
ACC 201 Week 1 Memo to Bla
ir Complete the writing assignment, ATC 1-4 from Chapter 1 and submit to your instructor.
ACC 201 Week 2 Assignment
FASB Paper) Go to the website of the Financial Accounting Standards Board, www.fasb.org. Write a paper, in at least 400 wor ds, that describes the mission of FASB, how it is organiz ed, how it functions, and who grants the authority of FA SB to issue accounting standards. Also, research the mo st recent accounting issues that FASB is taking into consi deration.
ACC 201 Week 2 Chapter 3 Pr
oblems Complete the following problems from Chapter 3 and s ubmit to your instructor. These problems will be graded for accuracy. Problems: 3-22, 3-25
ACC 201 Week 2 Chapter 4 Pr
oblems Complete the following problems from Chapter 4 and s ubmit to your instructor. These problems will be graded for accuracy. Problems: 4-20, 4-21
ACC 201 Week 2 DQ 1 Fraud
Discuss in general the ethical issues when employees ar e tempted to defraud their employer or when companie s defraud the public. What sort of situations can lead to this behavior? What are the costs of fraudulent behavio r? What kind of controls can help prevent ethical proble ms? Cite an example of unethical behavior (not necessa rily limited to fraud) that you are aware of from persona l experience or have read about that is related to busine ss. After you have posted your original thread be sure t o respond to at least two other students original thread s.
ACC 201 Week 2 DQ 2 Debit C
redit Read and answer Chapter 4, Question 21 on the effects of debit and credit memos on the Cash account. Explain in 200 words. Respond to at least two of your classmate s postings
ACC 201 Week 3 Assignment
GAAP & Ethics Read ATC 6-5 of Chapter 6 and answer part a. Additional ly, given what you have learned about financial accounti ng so far, think of as many ways that you could adjust the financial records to make your company look better yet still follow GAAP and ethical guidelines. (Hint: think of the choices that can be used in the various accountin g methods you have learned: i.e., inventory valuation m ethods.)
ACC 201 Week 3 Chapter 5 Pr
oblems Complete the following problems from Chapter 5 and s ubmit to your instructor. These problems will be graded for accuracy. Problems: 5-24, 5-26
ACC 201 Week 3 Chapter 6 Pr
oblems Complete the following problems from Chapter 6 and s ubmit to your instructor. These problems will be graded for accuracy. Problems: 6-27, 6-28, 6-32
ACC 201 Week 3 DQ 1 Credit
Sales and Collections Review ATC 5-4 of Chapter 5 and post your thoughts on the question regarding the issues and procedures that a business must consider when dealing with credit sales a nd collections. Summarize your recommendations in m emo form. Respond to at least two other students with critique and challenges to their recommendations by th e end of Day 7
ACC 201 Week 4 Chapter 7 Pr
oblems Complete the following problems from Chapter 7 and s ubmit to your instructor. These problems will be graded for accuracy. Problems: 7-26, 7-27, 7-28
ACC 201 Week 4 Chapters 8 P
roblems Complete the following problems from Chapter 8 and s ubmit to your instructor. These problems will be graded for accuracy. Problems: 8-18, 8-23
ACC 201 Week 4 DQ 1 Enron
ead ATC 7-5 in Chapter 7. This situation is very similar to what a company called Enron did several years ago. Use the internet or the university library to research exactly what Enron did in their accounting procedures and wha t eventually happened to the company. Post your findin gs and understanding of Enrons story and respond to t wo other students postings with enhancements or addi tions to the Enron situation by the end of Day 7.
ACC 201 Week 4 Memo to Ba
ku and Hanson Read ATC 8-4 in Chapter 8 and write a memo describing the advantages and disadvantages of organizational for ms. You may research other sources regarding accounti ng internal controls. The paper should be at least 400 w ords and should include your personal observations an d conclusions.
ACC 201 Week 5 Chapter 9 Pr
oblem Complete the following problem from Chapter 9 and su bmit to your instructor. Problem: 9-23. This problem wil l be graded for accuracy
ACC 201 Week 5 DQ 1 Financi
al Analysis
Read ATC 9-3 in Chapter 9 and post your analysis of Whi rlpools acquisition of Maytag. Respond to at least two o ther students with critiques and challenges to their asse rtions by the end of Day 7.
ACC 201 Week 5 Stock Option
s Paper
In recent months there have been many news stories in the press about executive compensation with stock opti ons. This type of compensation occurs when an executi ve is granted the option to purchase the companys st ock at a certain price sometime in the future. The theor y is if the executive is effective his management skills wi ll lead to a higher stock price. As a reward the executive can purchase the stock at the earlier
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