# ACC 421 Complete Course ACC421 Complete Course

## ACC 421 Complete Course ACC421 Complete Course

﻿ACC 421 Complete Course ACC421 Complete Course
http://workbank247.com/q/acc-421-complete-course-acc421-complete-course/13510
http://workbank247.com/q/acc-421-complete-course-acc421-complete-course/13510
ACC 421 WEEK 1 DISCUSSION QUESTION 1

What are the major objectives of financial reporting?
ACC 421 WEEK 1 DISCUSSION QUESTION 2

What is the purpose of GAAP and the accounting cycle?
ACC 421 WEEK 1 DISCUSSION QUESTION 3

What organizations are responsible for governing financial reporting and what are their roles?
ACC 421 WEEK 1 ACCOUNTING CYCLE PAPER

Prepare a 700- to 1,050-word paper explaining the overall accounting cycle at your organization.
Include a description of the people, processes, and systems that are integral to the cycle.
ACC 421 WEEK 1 INDIVIDUAL ASSIGNMENT CA1-11 & CA1-12

Resource: Intermediate Accounting
Write responses to Concepts for Analysis CA1-11 & CA1-12 in Ch. 1 ofIntermediate Accounting.
ACC 421 WEEK 2 DISCUSSION QUESTION 1

What are the different criteria for recognizing revenue?
ACC 421 WEEK 2 DISCUSSION QUESTION 2

What are the differences between regular and irregular items on an income statement?
ACC 421 WEEK 2 DISCUSSION QUESTION 3

What is included in other comprehensive income?

ACC 421 WEEK 2 TEAM ASSIGNMENT P3-5 AND P3-9 SOLUTION

Resource: Intermediate Accounting
Write responses to Problems P3-5 and P3-9 in Ch.3 of Intermediate Accounting.
ACC 421 WEEK 2 INDIVIDUAL ASSIGNMENT P1, P2, P3 AND P4 SOLUTION

Problem 1:

Grading: This problem is worth a total of 18.75 points.  There are 10 grading elements each worth 18.75 x 2/3 / 10 = 1.25 points.  There are 18.75 x 1/3 = 6.25 points available for effort.
Consider each one of the following in light of the characteristics of accounting:
A: The economic consequences of a standard or rule are not considered.
B: Two other qualitative characteristics related to both reliability and relevance.

C: Exists when...