Journal Entry Instructions
Each week, watch, read, or listen to a political broadcast of any kind for 15-30 minutes. This
could be reading an article in the newspaper or online, watching the news on television,
YouTube, or another source, and even watching political satire such as John Oliver or the Daily
Show. So long as the source presents political information in an accurate way, it generally
qualifies as a political source for the purposes of this assignment. If you are unsure if your source
qualifies, ask me before using it.
Assignment Instructions
● Watch, read, or listen to a political broadcast of any kind for 15-30 minutes each week.
● Using the template provided online, fill in the necessary information listed at the top.
● Using the template provided online, provide me a 2 paragraph summary and a 2
paragraph personal opinion of the article. These must be your own words and quotes
should be used sparingly.
● Sources may be used twice, regardless of the format of the content. For example, if you
use an article from CNN and a YouTube video from CNN, you can no longer use CNN.
Formatting requirements:
● Single Spaced
● 1-inch margins
● Times New Roman 12-Point Font
Submission requirements:
● All weekly journal packets are due as a single document online on assigned due dates.
Questions to help guide your journal entries:
● What was the main subject of the news?
● What government actors are involved in the news story and how?
● What non-government actors are involved in the news story and how?
● Does this source seem to have a political bias? If so what bias and how?
● What terms learned in class help you understand the news?
● What, if anything, is confusing about the news?
Example of personal opinion
“The confidential Justice Department document about the president’s use of drones, which was
recently leaked to the press, relates to numerous concepts outlined in the textbook. First, there
are questions of executive authority. Article I of the Constitution states that the power to
declare war belongs to Congress. While the Justice Department document does not authorize
the president to declare war, it gives him unchecked power to take lethal measures. One of the
reasons for the Bill of Rights is to limit the power of government. In fact, preventing
government from amassing too much power was on the forefront of the framers’ minds as they
drafted the new constitution. Still, presidents have historically circumvented checks on the
executive branch with devices such as executive orders and signing statements.”
Project Parameters:
You have been selected as the consultant to develop a business plan for Durango Manufacturing Company, which is a start-up, medium-sized public manufacturing company. The CEO has a background in manufacturing and is well versed in supply chain management. However, the CEO has limited experience in financial management and creating value for the vario ...
Journal Entry Instructions Each week, watch, read, or lis.docx
1. Journal Entry Instructions
Each week, watch, read, or listen to a political broadcast of any
kind for 15-30 minutes. This
could be reading an article in the newspaper or online, watching
the news on television,
YouTube, or another source, and even watching political satire
such as John Oliver or the Daily
Show. So long as the source presents political information in an
accurate way, it generally
qualifies as a political source for the purposes of this
assignment. If you are unsure if your source
qualifies, ask me before using it.
Assignment Instructions
● Watch, read, or listen to a political broadcast of any kind for
15-30 minutes each week.
● Using the template provided online, fill in the necessary
information listed at the top.
● Using the template provided online, provide me a 2 paragraph
summary and a 2
paragraph personal opinion of the article. These must be your
own words and quotes
should be used sparingly.
● Sources may be used twice, regardless of the format of the
content. For example, if you
use an article from CNN and a YouTube video from CNN, you
can no longer use CNN.
2. Formatting requirements:
● Single Spaced
● 1-inch margins
● Times New Roman 12-Point Font
Submission requirements:
● All weekly journal packets are due as a single document
online on assigned due dates.
Questions to help guide your journal entries:
● What was the main subject of the news?
● What government actors are involved in the news story and
how?
● What non-government actors are involved in the news story
and how?
● Does this source seem to have a political bias? If so what bias
and how?
● What terms learned in class help you understand the news?
● What, if anything, is confusing about the news?
Example of personal opinion
“The confidential Justice Department document about the
president’s use of drones, which was
recently leaked to the press, relates to numerous concepts
outlined in the textbook. First, there
are questions of executive authority. Article I of the
Constitution states that the power to
declare war belongs to Congress. While the Justice Department
document does not authorize
the president to declare war, it gives him unchecked power to
3. take lethal measures. One of the
reasons for the Bill of Rights is to limit the power of
government. In fact, preventing
government from amassing too much power was on the forefront
of the framers’ minds as they
drafted the new constitution. Still, presidents have historically
circumvented checks on the
executive branch with devices such as executive orders and
signing statements.”
Project Parameters:
You have been selected as the consultant to develop a business
plan for Durango Manufacturing Company, which is a start-up,
medium-sized public manufacturing company. The CEO has a
background in manufacturing and is well versed in supply chain
management. However, the CEO has limited experience in
financial management and creating value for the various
stakeholder groups. Your business plan must include a five (5)
year strategy to increase revenues by 10% and a
recommendation for creating an organizational structure to
comply with SOX mandates for strong corporate governance
over the internal controls. Your business plan must also include
prescriptions for creating an ethical environment. Your
recommendation must be approved by the Board of Directors
before the company can begin its operations.
Based on your knowledge of accounting and financial, prepare a
ten to twelve (10-12) page report in which you:
1. As the consultant, create an argument that you will present to
the CEO that suggests accounting and financial management
knowledge and skills will be essential to the company’s success
and stability over the next five (5) years. Provide support for
your argument.
2. Suggest to the CEO how the company’s stakeholders
(investors, lenders, and employees) will use financial statement
4. information and ratio calculations to make key determinations
related to the financial condition and operational efficiency of
the company. Provide support for your rationale.
3. Given the strategy to increase revenue during the five (5)
year plan period, which will need to be achieved through
expansion and capital expenditures, determine which capital
budgeting ratio is appropriate for Durango to evaluate its
proposals for capital expenditures, such as NPV, IRR, etc.
Defend your position.
4. In order for the company to improve its operational
efficiency, recommend which production departments should
use process, job order, and activity-based costing—all three (3)
of which must be implemented within Durango. Defend your
choice for each department.
5. The CEO would like to consider outsourcing his
manufacturing operations if labor can be supplied cheaper
overseas than in the U.S. Create an argument either for or
against outsourcing the manufacturing operation to a foreign
country. Your argument should include key points that support
your position. The key points should address economic and
business management aspects related to outsourcing.
6. Predict the economic and business environment over the next
five (5) years, indicating at least two (2) ways it may impact
Durango Manufacturing Company’s ability to achieve the
desired 10% growth in revenue. Provide support for your
prediction.
7. Formulate a strategy to improve the opportunities for
Durango to reach its revenue goals (i.e., increase revenue by
10% within five [5] years).
8. Assess the potential for fraud within Durango based on the
lack of IT controls, and determine at least two (2) ways
Durango will structure its internal IT controls to ensure that
such controls are effective in detecting fraudulent transactions.
9. Use at least six (6) quality academic resources in this
assignment. Note: Wikipedia and other Websites do not qualify
as academic resources.
5. Your assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
· Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
· Analyze financial reports, prepare analysis, and draw
conclusions based on the financial analysis
· Calculate and interpret various financial and operating ratios
used in business.
· Apply activity-based costing and other managerial accounting
concepts to various business situations.
· Evaluate capital budgeting situations by calculating financial
returns and drawing appropriate conclusions.
· Evaluate internal controls within an organization and create a
risk assessment.
· Analyze ethical theories to evaluate a decision-making process
to determine compliance with professional codes of ethics.
· Evaluate the health of organizations to assess the level of risk
in an audit engagement.
· Evaluate financial data for potential fraud and prepare an audit
approach for detecting fraud.
· Assess the risk of financial misstatement in an IT-based
environment.
· Evaluate financial data for potential fraud and determine the
business relationships contributing to the fraudulent reporting.
· Use technology and information resources to research issues in
accounting management.
· Write clearly and concisely about accounting management
using proper writing mechanics.
6. Name:
Date of Week:
Date of Broadcast/Article Publication:
Title of Broadcast/Article Publication:
Source of Broadcast/Article Publication:
Link:
Summary:
Personal Opinion: