ACCT 540 DeVry Week 2 Complete Work

ACCT 540 DeVry Week 2 Complete Work
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ACCT 540 DeVry Week 2 Complete Work
ACCT 540 DeVry Week 2 Discussion
Effective Writing (graded)
Why is it important for accountants to use effective writing skills? Describe a situation where effective writing skills are
important. This section lists options that can be used to view responses.
ACCT 540 DeVry Week 2 Homework Assignment
Please complete the below problems and submit your answers in a Word document.
1. Go to the SEC's website (.sec.gov/">www.sec.gov) and click on "search for company filings" under "filings
and forms."
2. On the next page, click "Company or fund name, ticker symbol, CIK (Central Index Key), file number, state,
country, or SIC (Standard Industrial Classification)" to search for a company.
3. On the next page, search for Starbucks by using their ticker symbol "SBUX."
4. Scroll down on the next page until you see their 10-K filing and click on "Documents."
5. Click on the first document's link: "d10k.htm."
6. Retrieve Item 7 – their "Management's Discussion and Analysis of Financial Condition and Results of
Operations" (MD&A).
7. In a 2–3 page paper (12-point, double spaced), summarize their MD&A and critique it based on the SEC.
Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use
the Dropbox, read these .next.ecollege.com/default/launch.ed?ssoType=DVUHubSSO2&node=node/184">step-bystep
instructions or watc
ACCT 540 DeVry Week 2 Course Project
Case 3
You have been hired as a consultant for ABC Investment Group. ABC incorporated in 1999 and manages investment
portfolios for small to medium size companies. The Director of the company is not up to speed on how unrealized gains
and losses as well as realized gains and losses on bonds should be accounted for. The Director has been told that
under certain conditions unrealized gains and losses can be accounted for in the income statement and accounted for
as part of other comprehensive income under other conditions. The Director is also unclear as to how to determine
whether a security is impaired and how to determine the amount that is required to be written down. You have been
asked to look into these issues and determine the proper accounting treatment for bonds.
Milestones
Points

Week 2
In a minimum of 5 to 7 sentences, summarize the background of your case and indicate any
assumptions that you are making regarding the case. Define your problem statement and research 25
question(s).
ACCT 540 DeVry Week 2 On Site Activity Point
Problem Identification and Research Questions
Rewrite the following sentences into shorter, more concise sentences while maintaining the main points of the sentence.
a. For good reasons, the secretary may grant extensions of time in 30-day increments for filing of the lease and
all required bonds, provided that additional extensions requests are submitted and approved before the
expiration of the original 30 days or the previously granted extension.
b. If the State agency finds that an individual has received a payment to which the individual was not entitled,
whether or not the payment was due to the individual’s fault or misrepresentation, the individual shall be liable
to repay to the State the total sum of the payment to which the individual was not entitled.
c. Universities differ greatly in style, with some being located on out of town campuses in parkland, others having
buildings scattered about parts of city centers and others being at various points between these two extremes.