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Strayer university acc 563
1. Strayer-University ACC 563 Homework
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ACC 563 Week 1 Discussion
"Convergence of IFRSandGAAP"Please respondtothe following:
•From the firste-Activity,analyze the convergence of IFRSandGAAPas it relatestorevenue
recognition.Basedonyouranalysis,recommendatleasttwo(2) changesto revenue recognitionthat
wouldimprove financial reportingafterthe convergence.Justifyyourresponse.
•From the seconde-Activity,analyzethe U.S.SecurityandExchange Commission’s(SEC’s) positionon
convergence.Basedonyouranalysis,predictif andwhenyoubelieve the SECwouldmandate the
convergence forU.S.companiesandthe principal wayinwhichU.S.companiesmightrespondtothe
mandate.
http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-1-Discussion-Convergence-of-
IFRS-and-GAAP-Pl-22223
ACC 563 Week 2 Discussion
"Principle andRule BasedAccounting"Pleaserespondtothe following:
•Debate it!Rules-basedaccountingresultsinmore effective financial reportingthanprinciple-based
accounting.Provide arationale foryourresponse.
2. •Assume thatconvergence becomesareality.Predictthe governingbodythatwouldbe incontrol,and
suggestthe strategicwayinwhichtheywill administeraccountingstandardsinthe future.
http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-2-Discussion-Principle-and-
Rule-Based-Account-22225
ACC 563 Week 3 Discussion
"AccountingResearchandEducation"Please respondtothe following:
•Analyze currentmajoraccountingresearchtools.Basedonyouranalysis,suggestatleasttwo(2) new
toolsthat couldimprove accountingresearch.Provide supportforyourrationale.
•Debate it!Highereducationisprovidingstudentswithsufficientskillstoenterthe accounting
professionandsucceed.Justifyyourresponse.
http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-3-Discussion-Accounting-
Research-and-Educatio-22226
ACC 563 Week 4 Discussion
"IFRSand GAAPDifferences"Please respondtothe following:
•From the e-Activity,analyze the mostsignificantdifferencesbetweenIFRSandGAAP.Choose one (1)
majordifference,andpropose one (1) solutiontoeliminateormitigate potential negative impacton
financial reportingthatthisdifference mightcreate.
•From the e-Activity,predictthe mostsubstantialimpactonyourcompany’sbalance sheetthatIFRS
and GAAPconvergence couldcreate.Provide supportforyourrationale.
3. http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-4-Discussion-IFRS-and-GAAP-
Differences-Pleas-22227
ACC 563 Week 4 Assignment 1
Researchof EmergingAccountingIssues
For thisassignment,gotothe “DescriptionandStatusof CurrentIssues”page of the Financial
AccountingStandardsBoard’s(FASB) EmergingIssuesTaskForce (EITF) Website,locatedat
http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1218220137528. Selectacurrentissue that
interestsyou,andidentifyitforthe assignment.
Write a six to eight(6-8) page paperinwhichyou:
1. Researchthe mostimportantimpactthat the missionof the EmergingIssuesTaskForce (EITF)
exertsuponthe Financial AccountingStandardsBoard(FASB).Analyze the EITF’seffectivenesswith
findingresolutionstoemergingaccountingissues,andmake atleasttwo (2) recommendationsasto
howtheycouldimprove theireffectiveness.Justifyyourrecommendations.
2. Researchthe issue youselectedfromthe EITF’s“DescriptionandStatusof CurrentIssues”page,
and analyze atleasttwo(2) keyareasbeingaddressedbythe EITF.
3. Analyze the primarymannerinwhichacompany’saccountingandfinancial reportingislikelytobe
impactedbythe work beingdone bythe EITF onthe chosenissue,andmake atleasttwo(2)
recommendationsastothe mannerinwhichthe EITF couldimprove acompany’saccounting and
financial reporting.
4. Create an argumenteitherinfavoror againstthe EITF recommendation(s) onthe issue thatyou
have selected.Provide supportforyourargument.
5. Analyze the differentaccountingtreatmentsbetweenGAAPandIFRSforthe issue thatyouhave
selected,andmake atleasttwo(2) recommendationsthatwouldhave apositive impactonthe
differencesbetweentreatments.
4. 6. Predictthe rolesthatthe EITF andFASB wouldplay,shouldthe accountingprofessionadoptone
(1) global setof accountingstandards.
7. Use at leastthree (3) qualityacademicresourcesinthisassignment.Note:Wikipediaandother
Websitesdonotqualifyasacademicresources.
Your assignmentmustfollowthese formattingrequirements:
•Be typed,double spaced,usingTimesNew Romanfont(size12),withone-inchmarginsonall sides;
citationsandreferencesmustfollowAPA orschool-specificformat.Checkwithyourprofessorforany
additional instructions.
•Include a coverpage containingthe title of the assignment,the student’sname,the professor’sname,
the course title,andthe date.The coverpage and the reference page are notincludedinthe required
assignmentpage length.
The specificcourse learningoutcomesassociatedwiththisassignmentare:
•Analyze the developmentprocessof accountinginthe UnitedStatesincludingthe role of ethicsinthe
professionandthe movementtowardinternationalaccountingstandards.
•Examine the conceptual frameworkforaccountingincludingprinciple andrule-basedaccounting
standardsand the convergence processforthe twodifferentmethods.
•Examine researchmethodologyandtheoriesonthe usesof accountinginformationincludingthe
relationshipamongresearch,education,andpractice.
•Use technologyandinformationresourcestoresearchissuesinadvancedaccountingtheory.
•Write clearlyandconciselyaboutadvancedaccountingtheoryusingproperwritingmechanics.
5. http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-4-Assignment-1-Research-of-
Emerging-Accounti-22228
ACC 563 Week 5 Discussion
"WorkingCapital"Please respondtothe following:
•From the e-Activity,analyze the mostimportantapproachtoworkingcapital management.Create an
argumentthat assertsthatthisapproach isthe leastefficientmethodformanagingworkingcapital.
Recommendatleasttwo(2) improvementstomanaging workingcapital.Providearationale foryour
response.
•Propose at leasttwo(2) otherfinancial itemsthatare notcurrentlyincludedinworkingcapital,but
shouldbe.Provide supportforyouranswer.
http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-5-Discussion-Working-Capital-
Please-respond-22812
ACC 563 Week 6 Discussion
"Property,Plant,andEquipment"Pleaserespondtothe following:
•From the e-Activity,formulateastrategythatyour companycoulduse inorder to breakassetsinto
componentsfordepreciationpurposesunderIFRS.Supportyourstrategy withexamples.
•From the e-Activity,take apositionasto whetheryoubelievethatrevaluationunderIFRSisamore or
lessaccurate financial statementrepresentationof assetvaluesthanthe GAAPapproach.Defendyour
position.
6. http://www.justquestionanswer.com/viewanswer_detail/ACC-563-Week-6-Discussion-Property-Plant-
and-Equipment-22815
ACC 563 Week 6 Assignment 2 Working Capital
Usingthe InternetorStrayerdatabases,choose two(2) differentcompanies,andresearchthe
componentsof theirrespective workingcapital structures.
Write a three to four(3-4) page paperin whichyou:
1. Analyze the fundamental differencesbetweenthe workingcapital structuresandcomponentsfor
each chosencompany,andspeculate uponthe mainreasonswhysuchdifferencesexist.
2. Basedon youranalysisabove,make atleasttwo(2) recommendationsastohow each company
couldimprove itsworkingcapital positions.Providesupportforyourrecommendations.
3. Place yourself inthe role of a Wall StreetAnalystwhohasto recommendone (1) of the companies
as an investmenttoacompany’sclients.Recommendone (1) of the twocompanies,basedsolelyon
that company’sworkingcapital,andsupportthatrecommendation.
4. Place yourself inthe role of anInvestmentBankerwhohastorecommendloaningasubstantial
amountof capital to one (1) of the chosencompanies.Recommendone (1) of the two(2) companies,
basedsolelyonthatcompany’sworkingcapital,andsupportthatrecommendation.
5. Use at leastthree (3) qualityreferences.Note:WikipediaandotherWebsitesdonotqualityas
academicresources.
Your assignmentmustfollowthese formattingrequirements:
•Be typed,double spaced,usingTimesNew Romanfont(size12),withone-inchmarginsonall sides;
referencesmustfollow APA orschool-specificformat.Checkwithyourprofessorforanyadditional
instructions.
•Include a coverpage containingthe title of the assignment,the student’sname,the professor’sname,
the course title,andthe date.The coverpage and the reference page are notincludedinthe required
page length.
The specificcourse learning outcomesassociatedwiththisassignmentare:
•Examine the conceptsof workingcapital andthe financial analysisof acompany’sworkingcapital
position.