ACC 557 Complete Course
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ACC 557 Week 1 Discussion
"General Accounting Principles" Please respond to the following:
“Bookkeeping and accounting are the same.” In terms of your role in the provision of financial services, present data to support the accuracy of this statement and support your position.
Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.
ACC 557 Week 2 Discussion
"Accounting for a Specific Circumstance" Please respond to the following:
From the e-Activity research you gathered, analyze how you, as the Chief Financial Officer (CFO) of a “big box store” that has potential pollution, environmental-disposal, or demolition problems, would handle these costs in your financial statements and communicate this proposed plan to your colleagues on the management team. Indicate how any resistance would be overcome. Support your stance with the information that you obtained through your research.
Recommend the advantages and disadvantages of recording the above-referenced costs in the financial statements and how this might alter the company’s public image.
ACC 557 Week 3 Discussion
"Researching Financial Information" Please respond to the following:
From the e-Activity, analyze one company’s financial position and determine whether or not the stock potential will rise, remain stable, or decrease in value. Determine whether you would invest in it or not at this time. Provide a rationale for your response.
Assess how profitable the company has been over the past 5 years and determine how you would advise the company about its future profitability potential.
ACC 557 Week 4 Discussion
"Accounting Methods and Inventories" Please...