ACC 556 Complete Course Week 1 to Week 11
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Friday, 16 October 2015

ACC 556 Complete Course Week 1 to Week 11

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ACC 556 Complete Discussion
ACC 556 Week 1 Discussion
"Financial Statements"  Please respond to the following:
·         From the e-Activity, analyze Apple’s most recent financial statements. Based on your analysis, predict whether Apple’s financial health will likely improve or deteriorate over the next five (5) years. Provide a rationale for your response.


·         From the e-Activity, examine Apple’s statement of cash flows. Recommend at least two (2) actions that Apple could take in order to maximize the use of its cash flows. Provide a rationale for your response.

ACC 556 Week 2 Discussion
"Accounting Systems and Accruals"  Please respond to the following:
·         From the e-Activity, examine the greatest threats to a computerized accounting system. Suggest two (2) preventive measures or remedies to protect the system and / or mitigate negative impact to the system. Provide a rationale for your response.
·         Pretend that you are a criminal and want to commit fraud by altering your company’s accruals. Create a brief (one [1] paragraph) plan for committing the fraud. Predict the major potential resulting damage to the company’s financial statements from the fraud.


ACC 556 Week 3 Discussion
"Accounting for Inventories"  Please respond to the following:
·         Suggest which type of income statement a retailer should use. Defend your suggestion.
·         Analyze inventory valuation methods discussed in the textbook. Based on your analysis, recommend the most accurate valuation method that reflects current economic conditions. Provide a rationale for your recommendation.

ACC 556 Week 4 Discussion
"Internal Controls"  Please respond to the following:
·         Imagine that a coworker wants to circumvent an internal control to steal money from your company. Speculate on two (2) internal controls that your coworker might attempt to circumvent in order to steal the money. Recommend two (2) actions that the company could take in order to prevent the theft.
·         Outline an anti-fraud program that you would implement at your company (current or previous). Suggest the approach you would take to sell this program to your senior executives. Provide a rationale for your response
ACC 556 Week 5 Discussion
"Accounts Receivable Management"  Please respond to the following:
·         Examine the five (5) steps to managing accounts receivable. Speculate on the step that is most vulnerable to fraud. Suggest at least two (2) actions that a company can take in order to protect this step from fraud. 
·         Imagine that your company has tasked you with developing a plan for factoring accounts receivables. Create one (1) scenario that demonstrates the key benefits and / or detriments to your company from factoring accounts receivable.

ACC 556 Week 6 Discussion
"Plant Assets"  Please respond to the following:
·         Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive management team has tasked you with making a recommendation about whether the company should buy or lease airplanes. Analyze the major pros and cons for leasing and buying assets. Based on your analysis, provide a recommendation to the executive team.
·         Compare and contrast the three (3) methods for depreciating plant assets. Recommend the method that maximizes profits for both a shorter period of time and a longer period of time.


ACC 556 Week 7 Discussion
"Liabilities"  Please respond to the following:
·         Hypothesize a scenario in which one could intentionally misstate liabilities for his or her personal financial gain. Recommend two (2) actions that companies can take to prevent or detect intentional misstatements of liabilities for personal financial gain. Justify your response.
·         From the e-Activity, imagine that you are advising an investor who is considering purchasing bonds from the selected company. Analyze the types of bonds the chosen company issues and make a recommendation to the investor as to which type of bond would provide the most value. Justify your response.

ACC 556 Week 8 Discussion
"Budgeting"  Please respond to the following:
·         Analyze the major pros and cons of preparing company budgets. Determine at least two (2) critical budget items that you believe are essential in managing a company. Provide a rationale for your response.
·         Analyze the most common responsibility reporting systems. From your analysis, argue at least one (1) pro and one (1) con of using responsibility reporting systems.


ACC 556 Week 9 Discussion
"Cash Flows"  Please respond to the following:
·         Outline a strategy for companies to spend excess cash and maximize the value of that spend. Provide a rationale for your response.
·         From the e-Activity, compare and contrast the selected company’s statement of cash flows to its income statement. Suggest at least two (2) items from each statement that investors should analyze when deciding whether or not to purchase the company’s stock. Justify your response.

ACC 556 Week 10 Discussion
"Extraordinary Items and Ratio Analysis"  Please respond to the following:
·         Choose at least two (2) items or events that you would consider to be extraordinary to a company. Propose the manner in which you would disclose these items or events to investors. Justify your response.
·         Determine the two (2) financial ratios that you believe to be the most important indicators of financial health for a company. Predict two (2) positive or two (2) negative financial outcomes should the chosen ratios change dramatically from one year to another. Provide a rationale for your response.

ACC 556 Week 11 Discussion
"Sum It Up"  Please respond to the following:
·         Provide two (2) examples that demonstrate a change in your theories of financial accounting for managers since the beginning of this course.
·         Rate the three (3) most important concepts that you have learned in this course in order of importance (one [1] being the most important; three [3], the least). Provide a rationale for your rating scheme.


ACC556 Week 1 Homework
ACC556 Week 2 Homework
ACC556 Week 3 Homework
ACC556 Week 4 Homework
ACC556 Week 5 Homework
ACC556 Week 6 Homework
ACC556 Week 7 Homework
ACC556 Week 8 Homework
ACC556 Week 9 Homework
ACC556 Week 10 Homework
ACC556 Week 11 Homework

ACC556 Week 5 Midterm 1 and 2

ACC556 Week 5 Final Exam 1 and 2

ACC 556 Week 6 Assignment 1Financial Analysis
Assignment 1: Financial Analysis
Due Week 6 and worth 160 points
Use the Internet or Strayer databases to research one (1) publicly traded company and review its last annual report. Use an investor’s view to perform financial analysis and discuss various non-financial factors impacting investment decision.
Write a two to three (2-3) page paper in which you:
1.      From an investor’s view, review the last annual report for chosen company. Use financial analysis tools of liquidity, profitability, and solvency to evaluate the company’s performance and reasons for investing or not investing. Include the company’s ranking in the industry, and its major competitors.
2.      From an investor’s views, discuss at least three (3) non-financial factors that suggest investing in this company. These may include environmental responsibility (sustainability), corporate governance, etc. Explain the main reasons why these are important to an investor.
3.      Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
5.       
Your assignment must follow these formatting requirements:
·         Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
·         Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
·         Analyze and interpret financial statements.
·         Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-financial performance measurements.
·         Use technology and information resources to research issues in financial accounting for managers.
·         Write clearly and concisely about financial accounting using proper writing mechanics.


ACC 556 Week 10 Assignment 2 Budget Planning and Control
Assignment 2: Budget Planning and Control
Due Week 10 and worth 160 points
Use the Internet and / or Strayer databases to research budget planning and control. Imagine that the company that you currently work for, have previously worked for, or would like to work for in the future has tasked you with preparing a budget plan.
Write a three to four (3-4) page paper in which you:
1.      Describe the company that you currently work for, have previously worked for, or would like to work for in the future. Determine at least two (2) compelling reasons that this company should prepare and manage a budget. Predict the two (2) most likely positive and negative financial outcomes for this company if it properly or improperly performs effective budgeting.
2.      Outline a high-level budget plan for the company. In your high-level budget plan, recommend the most appropriate budgeting phases for the company.
3.      Propose two (2) methods and techniques that the company should use to manage its budget over time in preparation for the fact that budgets are ever changing. Justify your response.
4.      Imagine that the company is facing a financial challenge that is causing the actual amounts of money that it spends to become significantly off target from its budgeted amounts. Prepare an action plan to resolve the budget misalignment. In your action plan, recommend at least one (1) budgeting technique to resolve the budget and actual discrepancies. Provide a rationale for your response.
5.      Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
·         Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
·         Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.
The specific course learning outcomes associated with this assignment are:
·         Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-financial performance measurements.
·         Evaluate decision making tools for capital investments, budgeting, and budgeting controls.
·         Analyze financial accounting tools and techniques that convert financial accounting data into information for decision making.
·         Use technology and information resources to research issues in financial accounting for managers.
·         Write clearly and concisely about financial accounting using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using this rubric.

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