ACC670 Full Course Latest November 2018

ACC670 Advanced Financial Statement Analysis

Week 1 Discussion

DQ1 Accounting standards are very complex and require expertise in their interpretation and application. Smaller companies often do not have the resources available to obtain this expertise, leading to the concept of “big GAAP” and “little GAAP,” whereby there would be two sets of standards: one for large, publicly traded companies and another for smaller companies. Should there be two sets of accounting standards? Why or why not?

DQ2 Should international accounting standards be required, encouraged, or ignored? If required or encouraged, should all companies have to abide by international accounting standards when compiling their financial statements? Why?

 

ACC670 Advanced Financial Statement Analysis

Week 2 Discussion

DQ1 Refer to Problem 3-5, located at the end of Chapter 3 of the text. Imagine you are at a job interview at Rubber Industries headquarters for a financial analyst position. During the interview, you are provided the balance sheet found in Problem 3-5. The interviewer asks you to explain how you would use the balance sheet to help move your company forward.

DQ2 One criticism of the balance sheet is that assets are recorded at cost rather than at their current market value. What are some other problems with using the balance sheet to analyze a company’s financial position given that the numbers are not listing their current market value? How would you overcome these problems?

 

ACC670 Advanced Financial Statement Analysis

Week 3 Discussion

DQ1 How do managers and creditors use financial reports? Which ratios would each group rely on more and provide relevant information.

DQ2 A company changes its inventory method from FIFO to LIFO during a time of rising prices. Discuss the effect of this change on the next period. In what situation would management benefit from going from FIFO to LIFO? Discuss some of the pros and cons of changing inventory valuation methods? Support your answer with examples.

 

ACC670 Advanced Financial Statement Analysis

Week 4 Discussion

DQ1 Discuss the impact of deferred taxes, pensions, leases, and commitments or contingencies on analyzing a firm’s long-term debt paying ability. Provide at least two relevant examples in your discussion.

DQ2 What stakeholders would be interested in a company’s long-term debt paying ratios? How would a stakeholder decide whether or not to extend credit to a company?

 

ACC670 Advanced Financial Statement Analysis

Week 5 Discussion

DQ1 What are some factors that inform business decisions? Explain the role segment reports play in the decision-making process.

DQ2 What stakeholders benefit from reviewing profitability ratios for a company? Identify at least three stakeholder groups, and give an example of how each might use profitability ratios.

 

ACC670 Advanced Financial Statement Analysis

Week 6 Discussion

DQ1 Consider that you want to invest $10,000 in a publicly traded company. How would you approach this decision, and what ratios or analysis tools would impact your choice?

DQ2 Find a current article about investor ratios in your field or another field of choice. How does the article help you understand investor ratios? Be sure to include your source.

 

ACC670 Advanced Financial Statement Analysis

Week 7 Discussion

DQ1 How do financial analysts use cash flow ratios? Provide an example.

DQ2 Cash is critical for a business to remain in operations. Do you agree with this statement? Why or why not?

 

ACC670 Advanced Financial Statement Analysis

Week 8 Discussion

DQ1 What factors should be considerations for banks, nonprofit companies, and government sectors when analyzing financial statements?

DQ2 Business and financial analysts often provide trends for their industry. Find a trend (doubt, prediction, warning) in your field of interest. Speculate how the analyst derived the trend?

 

 

 

 

ACC670 Advanced Financial Statement Analysis

Week 1 Assignment

Financial Reporting and Standards

Complete the following located in the textbook:

Question 1-4

Problems 1-3, 1-5, and 2-9

Case 1-6 and 2-1

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

ACC670 Advanced Financial Statement Analysis

Week 1 Assignment

Auditor’s Report

Managerial positions execute strategies and best practices on the job in an effort to ensure the annual auditor’s report is unqualified.

In 750-1,000 words, identify the elements in an auditor’s report that are needed for an organization in the United States. How does an auditor’s report fit within the accounting cycle? What are typical qualities, constraints, assumptions, and principles associated with an auditor’s report? Explain the importance of reviewing supplemental financial information shown in footnotes. Be sure to include all stakeholders when explaining the importance. What role does the application of ethical principles in accounting have for management positions and the auditor?

Provide three to five resources to support your answer.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.

 

 

 

 

ACC670 Advanced Financial Statement Analysis

Week 2 Assignment

Balance Sheet and Income Statement

Complete Problems 3-2, 4-1, and 4-14 in the textbook.

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

 

ACC670 Advanced Financial Statement Analysis

Week 3 Assignment

Analysis Basics and Liquidity Ratios

Complete Problems 5-6, 5-7, 6-11 (A-I), 6-14, 6-15, and 6-24 in the textbook.

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

ACC670 Advanced Financial Statement Analysis

Week 3 Assignment

Financial Performance Comparison – Part 1: Liquidity Ratios

Throughout this course, you will prepare an evaluation that compares the financial performance of two companies of your choice. Be sure the selected companies are in the same industry and they are similar in size and structure. The more information available, the easier it will be to compare the financial performance of each organization.

This six-part assignment provides an opportunity to evaluate financial performance through different lenses, including manager, investor, and creditor. This evaluation uses multiple accounting methods, including vertical common-size analysis and ratio analysis, for each company. You will be asked speculate on horizontal and trend analysis in Topic 8.

Refer to the “Financial Performance Comparison” document. Complete Part 1: Liquidity Ratios.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.

 

 

 

 

ACC670 Advanced Financial Statement Analysis

Week 4 Assignment

Long-Term Debt-Paying Ratios

Complete Problems 7-2, 7-4, 7-6, and 7-11 in the textbook.

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

ACC670 Advanced Financial Statement Analysis

Week 4 Assignment

Financial Performance Comparison – Part 2: Debt-Paying Ratios

Throughout this course, you will prepare an evaluation that compares the financial performance of two companies of your choice. This six-part assignment provides an opportunity to evaluate financial performance through different lenses, including manager, investor, and creditor. This evaluation uses multiple accounting methods, including vertical common-size analysis and ratio analysis, for each company. You will be asked speculate on horizontal and trend analysis in Topic 8.

Refer to the “Financial Performance Comparison” document. Complete Part II: Debt-Paying Ratios.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.

 

ACC670 Advanced Financial Statement Analysis

Week 5 Assignment

Profitability Ratios

Complete Problems 8-1, 8-3, 8-7, 8-10, and 8-13 in the textbook.

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

ACC670 Advanced Financial Statement Analysis

Week 5 Assignment

Financial Performance Comparison – Part 3: Profitability Ratios

Throughout this course, you will prepare an evaluation that compares the financial performance of two companies of your choice. This six-part assignment provides an opportunity to evaluate financial performance through different lenses, including manager, investor, and creditor. This evaluation uses multiple accounting methods, including vertical common-size analysis and ratio analysis, for each company. You will be asked speculate on horizontal and trend analysis in Topic 8. 

Refer to the “Financial Performance Comparison” document. Complete Part 3: Profitability Ratios.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.

 

ACC670 Advanced Financial Statement Analysis

Week 6 Assignment

Investor Ratios

Complete Problems 9-1, 9-2, 9-5, 9-6, 9-10, and 9-14 in the textbook.

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

ACC670 Advanced Financial Statement Analysis

Week 6 Assignment

Financial Performance Comparison – Part 4: Investor Ratios

Throughout this course, you will prepare an evaluation that compares the financial performance of two companies of your choice. This six-part assignment provides an opportunity to evaluate financial performance through different lenses, including manager, investor, and creditor. This evaluation uses multiple accounting methods, including vertical common-size analysis and ratio analysis, for each company. You will be asked speculate on horizontal and trend analysis in Topic 8.

Refer to the “Financial Performance Comparison” document. Complete Part 4: Investor Ratios.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.

 

ACC670 Advanced Financial Statement Analysis

Week 7 Assignment

Cash Flow

Complete Problems 10-3, 10-6, and 10-11 in the textbook.

Prepare your responses in Excel with each problem on a separate tab.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to LopesWrite.

 

ACC670 Advanced Financial Statement Analysis

Week 7 Assignment

Financial Performance Comparison – Part 5: Cash Flows

Throughout this course, you will prepare an evaluation that compares the financial performance of two companies of your choice. This six-part assignment provides an opportunity to evaluate financial performance through different lenses, including manager, investor, and creditor. This evaluation uses multiple accounting methods, including vertical common-size analysis and ratio analysis, for each company. You will be asked speculate on horizontal and trend analysis in Topic 8.

Refer to the “Financial Performance Comparison” document. Complete Part 5: Cash Flows.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.

 

ACC670 Advanced Financial Statement Analysis

Week 8 Assignment

Benchmark – Financial Performance Comparison – Part 6: Conclusions

Throughout this course, you will prepare an evaluation that compares the financial performance of two companies of your choice. This six-part assignment provides an opportunity to evaluate financial performance through different lenses, including manager, investor, and creditor. This evaluation uses multiple accounting methods, including vertical common-size analysis and ratio analysis, for each company. You are asked to speculate on horizontal and trend analysis in the final part in this topic.

Refer to the “Financial Performance” document. Complete Part 6: Conclusions.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Please refer to the directions in the Student Success Center.