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ACC 561 Accounting

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ACC 561 Accounting Week 1 to 6 Assignments

Week 1 Financial Statement Review

Select an American corporation.

Visit its website and download the Income Statement, Statement of Stockholders Equity, Balance Sheet, and Statement of Cash Flows.

Complete the University of Phoenix Material: Financial Statement Review Worksheet.

Submit the completed worksheet, copies of the downloaded financial statements, and a link to the website.

Week 2 Individual Sarbanes-Oxley Act of 2002

Write a paper that describes the main aspects of the regulatory environment which will protect the public from fraud within corporations, Pay particular attention to SOX requirements.

Required Elements:

  • No more than 1400 words
  • Specifically evaluate whether SOX will be effective in avoiding future frauds.

Week 2 Learning Team Reflection

Write a paper of no more than 750 words in which you discuss the difference between comparative and ratio analysis. Differentiate and share the purpose and importance of each.

Week 3 American Corporation Analysis

Select an American corporation.

Visit its website and download its financial statements. 

Write a paper of no more than 1250 words in which you conduct a comparative and ratio analysis to measure profitability and liquidity.

Week 4 Learning Team Reflection

Managerial accounting is all about making informed decisions. Cost-volume-profit (CVP) analysis is one of the most powerful tools available for managers to crunch numbers, gain a thorough understanding of a situation, and perform a what-if analysis. 

Write a paper of no more than 750 words in which you discuss the activities and learning this week and share how CVP analysis may be helpful to an entrepreneur starting a new business.

WileyPLUS Assignment: Week 4 Assignment - Paper

Accessthe following Week 4 reading, linked to this assignment:

  • Broadening Your Perspective 17-2

Write a paper of no more than 750 words in which you respond to the Broadening Your Perspective 17-2 activity titled "Managerial Perspective" in Ch. 17 of Accounting.

WileyPLUS Assignment: Week 3 Assignment - Essay

Access the following Week 3 Assignment in WileyPLUS:

  • Brief Exercise 13-8 (essay)
  • Brief Exercise 13-9 (essay)

 Week 5 Costing Methods Paper

Write a paper of no more than 350 words after completing Exercise 19-17 in WileyPLUS in which you respond to the following questions:

  • In this case, would it be better to use the variable or absorption costing method, and why?
  • What are the benefits of the two methods?
  • Which method would lead to the best decision when a competitor is submitting a lower bid for your product?

Week 5 Learning Team Deliverable

Complete the Learning Team Deliverable.

WileyPLUS Assignment: Week 5 Assignment - Paper

Resource: WileyPLUS

Access the following Week 5 Assignment in WileyPLUS: 

  • Broadening Your Perspective 18-1 

Write a paper of no more than 750 words in which you respond to the Broadening Your Perspective 18-1 activity titled "Decision Making Across the Organization" in Ch. 18 of Accounting.

Week 6 Learning Team Reflection

Incremental analysis is considered to be more economical than a comprehensive analysis, while being just as effective. Do you agree or disagree?

Explain your answer in a paper of no more than 750 words.

ACC 561 Accounting Week 1 to 6 Assignments Week 1 Financial Statement Review Select an American corporation. Visit its website and download the Income Statement, Statement of Stockholders Equity, Balance Sheet, and Statement of Cash Flows. Comple
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