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ACC 561 Complete Course (University of Phoenix) - A+ WORK

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Week 1 Individual Assignment Financial Statement Differentiation Paper

Write a paper of approximately 700 words discussing the four different types of financial statements. Explain the information provided by each financial statement and include your responses to the following questions:

路 Which financial statement, or statements, would be of most interest to investors?


路 Which financial statement, or statements, would be of most interest to creditors?

路 Which financial statement, or statements, would be of most interest to management?

Format your paper consistent with APA guidelines.

Week 1 DQ 1 Financial Statement Analysis.

Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

Chapter 1 discusses financial statements. In presenting financial statements, what do you feel is the most important statement and why? Give an example of a decision you have


made or observed being made involving financial statement analysis

Week 1 DQ 2 Accounting Principles.

Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

Week 2 Individual Assignment Small-Business Idea Paper

Imagine the government has released funds for creating small businesses. You are interested in establishing a small business, and you must decide which of the four forms of business organization would best suit your unique product or service. Consider legal, tax, accounting, and other implications when selecting from the four business types.


Write a paper of approximately 1,250 words discussing your small-business idea. Include the following:

路 The advantages and disadvantages of the four different forms of business organization, which include the following:

o Sole proprietorship

o Partnership

o C corporation

o S corporation

路 The different types of financial statements associated with each form of business organization


路 The following consequences associated with each form of business organization:

o Tax implications

o Legal implications

o Accounting implications, such as SOX and FASB

路 An explanation of the unique product or service your small business provides

路 Your choice of business organization form for your new business

路 Your rationale for choosing this form of business organization

Format your paper consistent with APA guidelines.


Week 2 Learning Team Assignment Financial Statement Relationship Paper

Respond to the following questions in approximately 500 words.

In what ways do the elements of the four financial statements interact with one another? How might changing one of the financial statements affect the other financial statements? Why is it essential to understand the relationship between the financial statements?

This paper does not have to be in APA format but please double space the paper and include a title page with identifying information.

Week 2 DQ 1 Financial Statement Analysis


Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

Identify the company you selected in week 1. For the company you selected in week 1, calculate what you believe is the single most important liquidity, solvency and profitability ratio for the most current year. Why do you feel this ratio is most important?

What are some methods of analyzing financial statements? As a potential investor, what risks do you want to identify with financial statement analysis?

Week 2 DQ 2 Relevant Financial Information for a Small Business


Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

Week 3 Leaning Team Assignment Tootsie Roll Industries Inc. Loan Package

Resource:Accounting

Read the financial statement for Tootsie Roll Industries Inc. in Appendix A of Accounting.

Conduct an Internet search information on how to assemble a loan package by researching loan package requirements at The U.S. Small Business Administration website (http://www.sba.gov/) or on other websites, such as the SCORE website (http://www.score.org/). Research the specific


loan package requirements of creditors, such as American Express, by reviewing their websites.

Prepare a loan package of approximately1,250 words to secure a loan for Tootsie Roll Industries Inc. that would increase the company’s total liabilities by 10%. Your loan package should include the following:

· A ratio analysis of the financial statements for Tootsie Roll Industries Inc., including several types of liquidity, solvency, and profitability ratios and an explanation of each ratio

· A justification of the reason the company needs this loan; the purpose might be for expansion, inventory purchases, debt retirement, and so on

· An explanation of how the company plans use the proceeds from the loan and of how loan approval might affect the company

Cite your sources consistent with APA guidelines.


Week 3 DQ 1 Activity Based Costing

Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

What are the differences between a traditional cost accounting system and an ABC cost accounting system? ABC systems are always more accurate than traditional accounting systems. Do you agree with this statement or not. Explain.

Week 3 DQ 2 Cost Accounting System


Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 200 to 300 words long.

What is a cost accounting system? Why is a cost accounting system important for a business? A business without a cost accounting system cannot effectively manage its operations. Give an example of how a company you are familiar with costs its products or services.

Week 4 Individual Assignment Costing Methods Paper

Resource:Accounting

Read BYP17-5, titled Communication Activity, in the Ch. 17 “Broadening Your Perspective� section ofAccounting.


Write a paper of approximately 700 words addressing the following questions:

· What strategies did the management of Super Bakery, Inc. use?

· Why did Super Bakery’s management think it was necessary to install an ABC system? Do you agree with their reasoning? If you disagree, identify your recommended costing system, including your rationale, to management.

· Would a job order cost system or a process order cost system work for Super Bakery. Why or why not?

Format your paper consistent with APA guidelines.

Week 4 DQ 1 Alternative Income Statements


Please respond to the following discussion question by replying to this thread. Your response should fully address all elements of the question and be a minimum of 300 words long.

Week 4 DQ 2 CVP Analysis

The cost structure of an organization is its mix of fixed and variable costs. How can CVP analysis be used to evaluate decisions that affect the cost structure of an organization? In your organization, does management lean toward choosing fixed or variable costs when considering change? Why?

Week 5 Team Assignment CVP And Break-Even Analysis Paper and Presentation Resource:Accounting

Read BYP19-7, titled “All About you” Activity, in the Ch. 19 “Broadening Your Perspective” section of Accounting.


Write a paper of approximately 1,750 words responding to the questions in BYP19-7.

Create a 7- to 9-slide Microsoft® PowerPoint® presentation that illustrates your team’s solution to the assigned problem. Detailed speaker notes are optional.

Format the paper and presentation consistent with APA guidelines.

Week 5 DQ 1 Budget Bias and Goal Congruence

Explain the cycle of bias by lower-level managers and bias adjustment by upper-level managers that can spiral out of control resulting in meaningless budgets. What features should a budgetary system have to encourage managers to engage in goal-congruent behavior (managers select actions that maximize overall company profits)? Give examples of bias and how goal congruence has been achieved at your current or a past employer


Week 5 DQ 2 Variance Analysis and Responsibility

“A good control system places the blame for every unfavorable variance on someone in the organization. Without assigning blame, no one will take responsibility for cost control.” Do you agree? Explain why or why not

Week 6 Learning Team Assignment Master Budgeting Questions Respond to the following questions in approximately 500 words.

The master budget is a detailed and comprehensive analysis of an organization’s long- and short-term goals. Identify the major inputs to the master budget and the usefulness of each. Additionally, why would a company need to create a master budget? What are the advantages and disadvantages?

This paper does not have to be in APA format but please double space the paper and include a title page with identifying information

Acc 561 complete course (university of phoenix) a work