You are on page 1of 25

ACC 305 MART EDUCATION EXPE

RT / acc305mart.com
FOR MORE CLASSES VISIT
www.acc305mart.com

ACC 305 Entire Course

ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5


ACC 305 Week 1 DQ 1 FASB and Ethics
ACC 305 Week 1 DQ 2 Cash versus Accrual & Financial Disclosures
ACC 305 Week 2 DQ 1 Earnings Management Case 4-3
ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers

ACC 305 Week 1 Assignments


E 3-18, E 3-20, J Case 3-5 (Ash
Course)

ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5

ACC 305 Week 1 DQ 1 FASB a


nd Ethics (Ash Course)
Research Case 1-3 (page 45)
The purpose of this case is to introduce you to the infor
mation available on the website of the Financial Accoun
ting Standards Board (FASB).
Required:
Access the FASB home page on the Internet. The web ad
dress is www.fasb.org. Answer the following questions.
1. Describe the mission of the FASB.
2. Who are the current Board members? Briefly describ
e their backgrounds.
3. How are topics added to the FASBs technical agenda?

ACC 305 Week 1 DQ 2 Cash v


ersus Accrual And Financial
Disclosures (Ash Course)

Judgment Case 2-1 (page 109)


You have recently been hired by Davis & Company, a sm
all public accounting firm. One of the firms partners, Ali
ce Davis, has asked you to deal with a disgruntled client,
Mr. Sean Pitt, owner of the citys largest hardware store.
Mr. Pitt is applying to a local bank for a substantial loan
to remodel his store

ACC 305 Week 2 DQ 1 Earnin


gs Management Case 4-3 (As
h Course)

Judgment Case 4-3 (page 225)


Companies often are under pressure to meet or beat W
all Street earnings projections in order to increase stock
prices and also to increase the value of stock options. S
ome resort to earnings management practices to artifici
ally create desired results.

ACC 305 Week 2 DQ 2 Revenu


e Recognition Case 5-2 (Ash
Course)

Revenue earned by a business enterprise is recognized f


or accounting purposes at different times, according to
the circumstances. In some situations revenue is recogn
ized approximately as it is earned in the economic sens
e. In other situations revenue is recognized at point of d
elivery.
Required:

ACC 305 Week 2 Problem E416 Bluebonnet Bakers (Ash C


ourse)

ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers


ACC 305 Week 2 Problem E419 Wainwright Corporation


(Ash Course)

ACC 305 Week 2 Problem E4-19 Wainwright Corporation


ACC 305 Week 2 Problem E422 Tiger Enterprises (Ash Cou


rse)

ACC 305 Week 2 Problem E4-22 Tiger Enterprises

ACC 305 Week 2 Problem E53 Installment sales (Ash Cour


se)

ACC 305 Week 2 Problem E5-3 Instalment sales

ACC 305 Week 2 Problem E5-10


Project Contracts (Ash Course)
ACC 305 Week 2 Problem E5-10 Project Contracts

ACC 305 Week 2 Problem Int


egrating Case 5-23 (Ash Cour
se)

ACC 305 Week 2 Problem Integrating Case 5-23


ACC 305 Week 2 Problem Jud


gment Case 4-9 (Ash Course)
ACC 305 Week 2 Problem Judgment Case 4-9

ACC 305 Week 3 Communicat


ion Case 6-3 (Ash Course)
ACC 305 Week 3 Communication Case 6-3

Communication Case 6-3 on page 334


Harvey Alexander, an all-league professional football pl
ayer, has just declared free agency. Two teams, the San
Francisco 49ers and the Dallas Cowboys, have made Ha
rvey the following offers to obtain his services:
49ers: $1 million signing bonus payable immediately an
d an annual salary of $1.5 million for the five-year term
of the contract.

ACC 305 Week 3 Judgment Ca


se 7-5 (Ash Course)
ACC 305 Week 3 Judgment Case 7-5

Judgment Case 7-5 on page 391


For each of the following independent situations, indica
te the apparent internal control weaknesses and sugges
t alternative procedures to eliminate the weaknesses.
1. John Smith is the petty cash custodian. John approves
all requests for payment out of the $200 fund, which is
replenished at the end of each month

ACC 305 Week 3 P7-10, P7-14


(Ash Course)
ACC 305 Week 3 P7-10, P7-14

ACC 305 Week 3 P7-14 El Gat


o Painting Company (Ash Cou
rse)

ACC 305 Week 3 P7-14 El Gato Painting Company


ACC 305 Week 4 Assignment


E8-13, E8-14, E8-18, P8-5, E919, E9-21, P9-1 (Ash Course)

ACC 305 Week 4 Assignment E8-13, E8-14, E8-18, P8-5, E


9-19, E9-21, P9-1

ACC 305 Week 4 Communicat


ion Case 8-4 (Ash Course)
Communication Case 8-4 on page 442
You have just been hired as a consultant to Tangier Indu
stries, a newly formed company. The company presiden
t, John Meeks, is seeking y

ACC 305 Week 5 Ethics Case


10-12 (Ash Course)
ACC 305 Week 5 Ethics Case 10-12
Ethics Case 10-12 on page 553 - Mayer Biotechnical, Inc
- Research and development LO8
Mayer Biotechnical, Inc., develops, manufactures, and s
ells pharmaceuticals. Significant research and developm
ent (R&D) expenditures are made for the development
of new drugs and the improvement of existing drugs. D
uring 2011, $220 million was spent on R&D. Of this amo
unt, $30 million was spent on the purchase of equipme
nt to be used in a research project involving the develop
ment of a new antibiotic.
The controller, Alice Cooper, is considering capitalizing t
he equipment and depreciating it over the five-year use

ACC 305 Week 5 Final Paper


(FASB) (Ash Course)
Focus of the Final Paper
Submit a seven to ten page paper on one of the major t
opics listed below. The paper should incorporate at leas
t three other appropriately documented and related arti
cles drawn from the Universitys Library. (Note: you may
advance your own topic, but it must be approved by yo
ur instructor.)

Explain the role of the FASB in monitoring

ACC 305 Week 5 P11-5, P11-7


(Ash Course)
ACC 305 Week 5 P11-5, P11-7

ACC 305 Week 5 Problem E1


1-5, E11-10 (Ash Course)
ACC 305 Week 5 Problem E11-5, E11-10

ACC 305 MART EDUCATION EXPE


RT / acc305mart.com
FOR MORE CLASSES VISIT
www.acc305mart.com