01 Jan Explore the FASB Codification

GC ACC370 week 1 discussion 1

Max Points: 20.0

Explore the FASB Codification section related to intangible assets (§350). Explain how specific intangibles might be treated within a particular industry, and justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates. Your initial post should be 250-500 words and should demonstrate solid academic writing skills.

GC ACC370 week 2 discussion 1

Max Points: 20.0

Explore the FASB Codification website using the login information provided in the course syllabus. Explain one piece of new information that you learned by exploring the FASB Codification (cite the Codification section so that your classmates can find the same information), and post one new question that you have since exploring this site. Participate in follow-up discussion by answering questions posed by your classmates. Your initial post should be 250-500, and should demonstrate solid academic writing skills.

GC ACC370 week 3 discussion 1

Max Points: 20.0

Select a publicly traded company and access its most recent financial statements from its annual report. Include the name of the company in your subject line, and do not choose a company about which one of your classmates has already posted. Examine the balance sheet and income statement for that company, and identify the items that deviate from the typical formats of the classified balance sheet and multi-step income statement that we have examined in class. Find justification in the FASB Codification that supports or contradicts the financial statement presentation, and cite the Codification section so that your classmates can find this information. If there are any items that you see on the financial statements that you do not understand, identify those for your classmates and instructor to provide guidance on. Participate in follow-up discussion by asking questions about the financial statements that your classmates posted on, or responding to questions that they pose. Your initial post should be 250-500, and should demonstrate solid academic writing skills.

GC ACC370 week 4 discussion 1

Max Points: 20.0

Assess your personal financial goals and determine how the time value of money might help you to devise a plan for achieving those goals (for example, save for a house, save for retirement, pay off student loans, etc.). Describe your goal, and explain the methodology used to quantify your plan for achieving that goal. Using time value of money concepts, determine how much money you need to save, invest, or pay in order to achieve that goal. Post your results in the discussion forum. Choose one of your classmates’ posts and revise his or her goals to reflect your own, and reperform calculations to determine how much you would need to save, invest, or pay in order to meet your goals. Your initial post should be 250-500, and should demonstrate solid academic writing skills.

GC ACC370 week 5 discussion 1

Find an article regarding the misappropriation of cash. In 250-300 words, summarize the article that you found and post that summary in the discussion forum. Post the article name in the subject line and do not post on an article that another classmate has already posted. Participate in follow-up discussion by choosing one of the articles that your classmates’ posted on and providing additional comments about the findings of that article. Your initial post should be 250-500 words and should demonstrate solid academic writing skills.

GC ACC370 week 6 discussion 1

Max Points: 20.0

Explore the FASB Codification section related to inventory (§330). Explain how inventory might be treated within a particular industry, and justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates. Your initial post should be 250-500 words and should demonstrate solid academic writing skills.

GC ACC370 week 7 discussion 1

Max Points: 20.0

The accountant uses significant judgment in the valuation of assets. How does the accountant use estimates and judgment in the valuation of property, plant, and equipment? Is it ethical for an accountant to use estimates and varying methodology to achieve desired corporate results? Participate in follow-up discussion by challenging or confirming your classmates’ positions. Support your challenges with external references. Your initial post should be 250-500 words and should demonstrate solid academic writing skills.

GC ACC370 week 8 discussion 1

Max Points: 20.0

Explore the FASB Codification section related to intangible assets (§350). Explain how specific intangibles might be treated within a particular industry, and justify why this methodology is appropriate. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates. Your initial post should be 250-500 words and should demonstrate solid academic writing skills.