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ACC556 Financial Accounting for Managers Week 1 Discussion “Financial Statements” For this week’s collaborative activity, you will review Apple Inc.’s most recent financial statements. Click here to view Apple’s financial information. Based on your analysis of Apple’s most recent financial statements, predict whether Apple’s financial health will likely improve or deteriorate over the next five (5) years. Provide a rationale for your response. ACC556 Financial Accounting for Managers Week 2 Discussion “Accounting Systems and Accruals” For this week’s discussion, research the most common threats to a computerized accounting system using the Internet and/or Strayer databases. Be prepared to discuss. Upon examination of the greatest threats to a computerized accounting system, suggest two (2) preventive measures or remedies that protect the system and/or mitigate any negative impacts to the system. Provide a rationale for your response. ACC556 Financial Accounting for Managers Week 3 Discussion “Accounting for Inventories” Analyze the different inventory valuation methods discussed in the textbook. Based on your analysis, recommend the most accurate valuation method that reflects current economic conditions. Provide a rationale for your recommendation. ACC556 Financial Accounting for Managers Week 4 Discussion “Internal Controls” Imagine that a coworker wants to circumvent an internal control to steal money from your company. Speculate on two (2) internal controls that your coworker might attempt to circumvent in order to steal the money. Recommend two (2) actions that the company could take in order to prevent the theft. ACC556 Financial Accounting for Managers Week 5 Discussion “Accounts Receivable Management” Examine the five (5) steps to managing accounts receivable. Speculate on the step that is most vulnerable to fraud. Suggest at least two (2) actions that a company can take in order to protect this step from fraud. ACC556 Financial Accounting for Managers Week 6 Discussion “Plant Assets” Compare and contrast the three (3) methods for depreciating plant assets. Recommend the method that maximizes profits for both a shorter period of time and a longer period of time. ACC556 Financial Accounting for Managers Week 7 Discussion “Budgeting” Analyze the major pros and cons of preparing annual company budgets. Identify at least two (2) critical budget line items that you believe are essential for managing your company. Provide a rationale for your response. ACC556 Financial Accounting for Managers Week 8 Discussion “Liabilities” For this week’s discussion, Go to https://advance-lexis-com.libdatab.strayer.edu/api/page/nexisuni-business/?primaryipauth=true&context=1516831 to use the Company Dossier through Nexis Uni to research (1) publicly traded company in which you are interested using the Internet and/or Strayer databases. Locate the company website and financial statements. Also, locate information on the types of bonds the company issues. Review the Liabilities section of the company’s Balance Sheet. Be prepared to discuss. Imagine that you are advising an investor who is considering purchasing bonds issued by the selected company. Analyze the types of bonds the chosen company issues. Make a recommendation to the investor as to which type of bond would provide the most value. Justify your response. ACC556 Financial Accounting for Managers Week 9 Discussion “Cash Flows” For this week’s discussion, Go to https://advance-lexis-com.libdatab.strayer.edu/api/page/nexisuni-business/?primaryipauth=true&context=1516831 to use the Company Dossier through Nexis Uni to research (1) publicly-traded company in which you are interested using the Internet and/or Strayer databases. Review its most recent statement of cash flows and income statement on the company’s website. Be prepared to discuss. Compare and contrast the selected company’s statement of cash flows to its income statement. Suggest at least two (2) items from each statement that investors should analyze when deciding whether or not to purchase the company’s stock. Justify your response. ACC556 Financial Accounting for Managers Week 10 Discussion “Sustainable Income and Ratio Analysis” Describe sustainable income and the importance of sustainable income in the evaluation of the income statement. Choose at least two (2) items or events that will affect sustainable income of a company. ACC556 Financial Accounting for Managers Week 11 Discussion “Sum It Up” (Note: This discussion is not graded, but required.) Rate the three (3) most important concepts that you have learned in this course in order of importance (one [1] being the most important; three [3], the least). Provide a rationale for your rating scheme.

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