ACC 440 Week 1 Discussion Question 1
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What is the significance of goodwill in the consolidation process? Why is it necessary to determine goodwill impairment? Do you agree with the change in accounting for goodwill? Why or why not?
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ACC 440 Week 1 Discussion Question 2
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Define the cost and equity methods or accounting for an investment. Under what circumstances would you use the cost or equity method of accounting for an investment? Why are the percentages of ownership only a guideline when accounting for an investment?
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ACC 440 Week 1 Individual Assignment Ch. 2 Text Exercises C2-1 & E2-1
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Resource: Ch. 2 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 2 of the text:
• C2-1: Choice of Accounting Method
E2-1: Use of Cost and Equity Methods
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ACC 440 Week 2 Discussion Question 1
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Why do companies hedge? Why would some companies choose not to hedge?
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ACC 440 Week 2 Individual Assignment C12-3 Paper
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Resource: Ch. 12 of Advanced Financial Accounting
Prepare a solution to the C12-3: IASB Deliberations exercise from Ch. 12 of the text.
Write a 700- to 1,050-word report in which you provide your responses to the case.
Cite all resources. If you use an electronic source, include the link. If you use an additional printed source, attach a copy of the data to your paper.
Format your report...