1. ASHFORD ACC 305 ENTIRE COURSE
PLEASE DOWNLOAD HERE
ACC305 Intermediate Accounting I
Required Readings
a. Chapter 1: Environment and Theoretical Structure of Financial Accounting
b. Chapter 2: Review of the Accounting Process
c. Chapter 3: The Balance Sheet and Financial Disclosures
Discussions
FASB and Ethics.From Chapter 1 complete Research Case 1-3 (page 45) and
Ethics Case 1-8 (page 46).
Cash versus Accrual & Financial Disclosures.From Chapter 2 answer Judgment
Case 2-1 (page 109) and Judgment Case 3-6 (page 162).
Quiz
1. Due Day 6. Week One Quiz. Complete the quiz on the assigned readings for
the week.
Assignments
Week One Exercises.Complete these problems: E3-18 (Page 152), E3-20 (Page
152), and Judgment Case 3-5(Page 161).
Week 2
Required Readings
a. Chapter 4: The Income Statement and Statement of Cash Flows
b. Chapter 5: Income Measurement and Profitability Analysis
Discussions
Earnings Management. Complete Judgment Case 4-3 (page 225).
Revenue Recognition. Complete Judgment Case 5-2 (page 291).
Assignments

2. Integrating Case. From Chapter 5 complete Integrating Case 5-23 on page 296
E4-16, E4-19, E4-22 Judgment Case 4-9 on page 227, E5-3 on page 275, and
E5-10.
Week 3
Required Readings
a. Chapter 6: Time Value of Money Concepts
b. Chapter 7: Cash and Receivables
Discussions
Present Value of Annuities. Complete Communication Case 6-3 on page 334.
Internal Control. Complete Judgment Case 7-5 on page 391.
Quiz
Assignments
Receivables & Bank Reconciliation. Complete P7-10 (Page 388) & P7-14 (Page
389)
Week 4
Required Readings
a. Chapter 8: Inventories: Measurement
b. Chapter 9: Inventories: Additional Issues
Discussions
LIFO vs. FIFO. Complete Communication Case 8-4 on page 442.
Overstatement of Ending Inventory. Complete Ethics Case 9-11 on page 497.
Quiz
Assignments
Week Four Exercises.E8-13, E8-14, E8-18, P8-5, E9-19, E9-21, and P9-1.
Week 5
Required Readings

3. a. Chapter 10: Property, Plant, and Equipment and Intangible Assets: Acquisition
and Disposition
b. Chapter 11: Property, Plant, and Equipment and Intangible Assets: Utilization
and Impairment
Discussions
Research and Development. Complete Ethics Case 10-12 on page 553.
Depreciation Methods. From Chapter 11 complete E11-5 (page 599) and E11-10
(page 600)
Assignments
Operational Assets & Depletion. Complete P11-5 on page 608 & P11-7 on page
610
Final Paper
Focus of the Final Paper
Submit a seven to ten page paper on one of the major topics listed below. The
paper should incorporate at least three other appropriately documented and
related articles drawn from the University’s Library. (Note: you may advance your
own topic, but it must be approved by your instructor.)
Explain the role of the FASB in monitoring and controlling business reporting and
accounting practices in the modern organization. In what ways do FASB rules
limit business practices and reporting financial information? How do such rules
and regulations protect the business and public stakeholder communities? To
whom is the FASB accountable and who appoints members to FASB?
Explain how external stakeholders use financial information such as company
income statements and balance sheets to make decisions about the company in
such cases as advancing credit or offering leasing vehicles. Discuss how
common financial ratios and investment analysis is used to conduct due diligence
by external parties and how factors such as accounts receivables, accounts
payables, earnings returns, returns on inventory, etc. are applied to evaluate a
firm’s financial and business health.
Discuss depreciation as a tool for managing and evaluating the life and utility of
assets of the firm. What are the methods and under what conditions would each
method be used and applied? Does a firm’s tax planning influence the decision?
How do external stakeholders assess the validity of depreciation schemes?