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Do you work hard to achieve good grades, but does not get success at that level? Studentwhiz has found out a simple yet interesting way to help its students achieve good grades by learning in a smart way through University of Phoenix ACC 421 - Week 1 - Complete Week Solutions and ACC 421 - Week 1 - Complete Week Course. Our main motive is that our students should pass their exams with flying colors. ACC 421 - Week 1 - Complete Week Study Material and ACC 421 - Week 1 - Complete Week Guide are also been provided so that students can learn from them. On our learning portal you will get study material which is 100% updated and imparted by our experts.

ACC 421 - Week 1 - Complete Week

Price In $ : 16.99

Course Detail:

DQ 1. What are the major objectives of financial reporting?

 

DQ 2. What is the purpose of GAAP and the accounting cycle?

 

DQ 3. What organizations are responsible for governing financial reporting and what are their roles?

 

DQ 4. Discuss the conceptual framework and why it is important when establishing new accounting rules.

 

DQ 5. Watch the following videos about the convergence of US generally accepted accounting principle (GAAP) and international financial reporting standards (IFRS).

http://www.youtube.com/watch?v=mvYgiYtZ3vk

http://www.youtube.com/watch?v=SMgDWuJlAxc

•      Explain the benefits of moving to one global financial reporting standard.

•      Make an opposing argument of why countries should maintain their own set of reporting standards rather than sharing one standard.

 

Individual Assignment - Accounting Cycle Paper

Prepare a 700- to 1,050-word paper explaining the overall accounting

cycle at your organization.

Include a description of the people, processes, and systems that are

integral to the cycle.

 

Individual Assignment - WileyPLUS

Resource: WileyPLUS

Access WileyPLUS using the link on the student website.

Complete the WileyPLUS (Exercise 2-4, Exercise 2-6, Exercise 2-9 (Essay), and Exercise 3-5)

 

 
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