ACC 440
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<strong>ACC</strong> <strong>440</strong> Week 5 Learning Team Assignment From the Text E6-11 ,E10-5,<br />
E10-6<br />
Resources: Ch. 6 & 10 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 6 & 10 of the text:<br />
E6-11: Upstream Sale of Equipment in Prior Period<br />
E10-5: Preparation of Statement of Cash Flows<br />
E10-6: Direct Method Cash Flow Statement<br />
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<strong>ACC</strong> <strong>440</strong> Week 5 Individual Assignment E5-13, P5-32, C10-1<br />
Resources: Ch. 5 & 10 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 5 & 10 of the text:<br />
E5-13: Consolidation after One Year of Ownership<br />
P5-32: Consolidation Workpaper at End of First Year of Ownership<br />
C10-1: The Effect of Security Type on Earnings per Share<br />
Note. To research this assignment, search the Financial Accounting Standards<br />
Board documents in the Accounting – Accounting & Tax tab located in the<br />
ProQuest<br />
Accounting and Tax database, under the Company Directories and Financials link<br />
on the University Library homepage.
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<strong>ACC</strong> <strong>440</strong> Week 5 DQ 2<br />
What dollar amounts in the consolidated financial statements will be incorrect if<br />
intercompany services are not eliminated?<br />
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<strong>ACC</strong> <strong>440</strong> Week 5 DQ 1<br />
When are profits on inter-corporate sales considered to be realized? Explain.<br />
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<strong>ACC</strong> <strong>440</strong> Week 4 Learning Team Assignment E3-8 and C4-1<br />
Resource: Ch. 3 & 4 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 3 & 4 of the text:<br />
E3-8: Subsidiary Acquired for Cash<br />
C4-1: Need for Consolidation Process<br />
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<strong>ACC</strong> <strong>440</strong> Week 4 Individual Assignment Exercise Q4-1, Q4-3, Q4-9 And P5-<br />
30<br />
<strong>ACC</strong> <strong>440</strong> Week 4 Individual Assignment Exercise Q4-1, Q4-3, Q4-9 and P5-30<br />
Resource: Ch. 4 and 5 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 4 and 5 of the text:<br />
Q4-1–Q4-3 and Q4-9
P5-30<br />
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<strong>ACC</strong> <strong>440</strong> Week 4 Individual Assignment Exercise Q4-1, Q4-3, Q4-9 and P5-30<br />
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<strong>ACC</strong> <strong>440</strong> Week 4 DQ 2<br />
What effect does a negative retained earnings balance on the subsidiary’s books<br />
have on consolidation procedures?<br />
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<strong>ACC</strong> <strong>440</strong> Week 4 DQ 1<br />
What are some issues to consider before investing in another company?<br />
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<strong>ACC</strong> <strong>440</strong> Week 3 Learning Team Assignment Ch. 11 Textbook Exercises<br />
Resource: Ch. 11 of Advanced Financial Accounting<br />
Prepare solutions to the Q11-1–Q11-10 exercises from Ch. 11 of the text.<br />
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<strong>ACC</strong> <strong>440</strong> Week 3 Individual Assignment Ch. 12 Textbook Exercise<br />
Resource: Ch. 12 of Advanced Financial Accounting<br />
Prepare a solution to the P12-17: Translation, Journal Entries, Consolidated<br />
Comprehensive Income, and Stockholders’ Equity exercise from Ch. 12 of the text.<br />
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<strong>ACC</strong> <strong>440</strong> Week 3 DQ 2<br />
Why do most parent companies acquire 100 percent ownership of the subsidiary<br />
when 51 percent would grant them economic control?<br />
What are the economic reasons supporting more than a 51 percent ownership<br />
level?<br />
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<strong>ACC</strong> <strong>440</strong> Week 3 DQ 1<br />
What are some of the issues we may run into when consolidating financial<br />
statements at period end? What types of transactions need to be addressed in a<br />
consolidation?<br />
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<strong>ACC</strong> <strong>440</strong> Week 2 Learning Team Assignment Ch. 1 Textbook Exercises<br />
Resource: Ch. 1 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 1 of the text:<br />
E1-2: Multiple-Choice Questions on Recording Business Combinations
P1-31: Journal Entries to Record a Business Combination<br />
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<strong>ACC</strong> <strong>440</strong> Week 2 Individual Assignment Ch. 12 Textbook Exercise<br />
Resource: Ch. 12 of Advanced Financial Accounting<br />
Prepare a solution to the C12-3: IASB Deliberations exercise from Ch. 12 of the<br />
text.<br />
Write a 700- to 1,050-word report in which you provide your responses to the case.<br />
Cite all resources. If you use an electronic source, include the link. If you use an<br />
additional printed source, attach a copy of the data to your paper.<br />
Format your report consistent with APA guidelines.<br />
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<strong>ACC</strong> <strong>440</strong> Week 2 DQ 2<br />
Why do companies hedge? Why would some companies choose not to hedge?<br />
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<strong>ACC</strong> <strong>440</strong> Week 2 DQ 1<br />
How are foreign exchange gains and losses reported?<br />
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<strong>ACC</strong> <strong>440</strong> Week 1 Individual Assignment Ch. 2 Textbook Exercises<br />
Resource: Ch. 2 of Advanced Financial Accounting<br />
Prepare solutions to the following exercises from Ch. 2 of the text:<br />
C2-1: Choice of Accounting Method<br />
E2-1: Use of Cost and Equity Methods<br />
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<strong>ACC</strong> <strong>440</strong> Week 1 DQ 2<br />
Define the cost and equity methods or accounting for an investment. Under what<br />
circumstances would you use the cost or equity method of accounting for an<br />
investment? Why are the percentages of ownership only a guideline when<br />
accounting for an investment?<br />
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<strong>ACC</strong> <strong>440</strong> Week 1 DQ 1<br />
What is the significance of goodwill in the consolidation process? Why is it<br />
necessary to determine goodwill impairment? Do you agree with the change in<br />
accounting for goodwill? Why or why not?<br />
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<strong>ACC</strong> <strong>440</strong> Complete Course<br />
<strong>ACC</strong> <strong>440</strong> Week 1 DQ 1<br />
<strong>ACC</strong> <strong>440</strong> Week 1 DQ 2<br />
<strong>ACC</strong> <strong>440</strong> Week 1 Individual Assignment Ch. 2 Textbook Exercises<br />
<strong>ACC</strong> <strong>440</strong> Week 2 DQ 1<br />
<strong>ACC</strong> <strong>440</strong> Week 2 DQ 2<br />
<strong>ACC</strong> <strong>440</strong> Week 2 Individual Assignment Ch. 12 Textbook Exercise<br />
<strong>ACC</strong> <strong>440</strong> Week 2 Learning Team Assignment Ch. 1 Textbook Exercises<br />
<strong>ACC</strong> <strong>440</strong> Week 3 DQ 1<br />
<strong>ACC</strong> <strong>440</strong> Week 3 DQ 2<br />
<strong>ACC</strong> <strong>440</strong> Week 3 Individual Assignment Ch. 12 Textbook Exercise<br />
<strong>ACC</strong> <strong>440</strong> Week 3 Learning Team Assignment Ch. 11 Textbook Exercises<br />
<strong>ACC</strong> <strong>440</strong> Week 4 DQ 1<br />
<strong>ACC</strong> <strong>440</strong> Week 4 DQ 2<br />
<strong>ACC</strong> <strong>440</strong> Week 4 Individual Assignment Exercise Q4-1, Q4-3, Q4-9 and P5-30<br />
<strong>ACC</strong> <strong>440</strong> Week 4 Learning Team Assignment E3-8 and C4-1<br />
<strong>ACC</strong> <strong>440</strong> Week 5 DQ 1
<strong>ACC</strong> <strong>440</strong> Week 5 DQ 2<br />
<strong>ACC</strong> <strong>440</strong> Week 5 Individual Assignment E5-13, P5-32, C10-1<br />
<strong>ACC</strong> <strong>440</strong> Week 5 Learning Team Assignment From the Text E6-11 ,E10-5, E10-6<br />
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