ACC 201 Project Guidelines and Rubric Competencies In this project, you will demonstrate your mastery of the following competencies: Record and present financial information by applying the appropriate framework and guidelines of accounting for business transactions Determine asset accounts and their disclosure in the financial statements Determine liability and equity accounts and their disclosure in…

Research Grady Hospital (Atlanta, GA) payroll fraud. In a one-page paper (not including a cover and a references page), respond to the following questions: Question 1: Summarize how the 2015 Grady Hospital payroll fraud was perpetrated. Question 2: What role did the perpetrator hold in the organization, and how did that role enable the wrong-doing?…

Accounting is all around us! It is critical for those in business to understand basic accounting principles so that they can use the information to make good financial decisions. In your initial post, introduce yourself. Include your program of study and professional goals, as well as any information about yourself that you want to share.…

ACC 5301-20.02.02-5B25-S2, Management Applications of Accounting Unit VI Assignment This assignment measures your mastery of ULOs 2.5, 4.1, 5.2, and 6.1. You have been hired at ABC Manufacturing, and you have been asked to work on the budget for the upcoming year regarding labor costs and the number of employees needed. Complete the Unit VI…

This assignment measures your mastery of ULOs 1.1, 1.2, and 5.1. Assignment Objective: For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business. In the assignment you will do the…

A minimum of two discussion entries must be made for each topic. Be sure to enter at least two responses: the first one to answer the Discussion Question, and the second as an interaction with another post (a minimum of three sentences consisting of a comment, an explanation, or a disagreement). A mere “I agree”…

Follow the directions for each question. Question #1, will help you understand the asset presentation on the balance sheet during the reconciliation process. Presentation is as important as accuracy for financial statements. **Note: Remember to use the Excel file and watch the video attached in this module to assist you with the assignment. Identify each…

Assignment Description: Use the transactions below to prepare an accounting equation and Income statement. See the example below of a journal entry. Also, remember to use the excel file and watch the video attached to this module to assist you with the assignment. Example: Account Debit Credit Cash Basis – Rent Expense $2,800 Cash Basis…

Discussion Question: Jay Simons is opening his own business, and he is trying to decide whether to use accrual or cash basis accounting. Jay does not have a good understanding of how to read financial statements. Is it a good idea or not for Jay to use the accrual method? Why is the revenue recognition…

To ensure financials are reported accurately, the CFO will review the account reconciliation reports from the balance sheet. The CFO reviewed the bank reconciliation and noticed a fictitious amount of $400 was recorded. The original journal entry was $400 credit to bank and $400 debit to other expense. The CFO realized the amount fictitious to…