Thursday 24 October 2013

ACC 460 Week 1 Individual Assignment comparing and contrasting GASB and FASB accounting






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Prepare a 350- to 700-word paper comparing and contrasting GASB and FASB accounting.
Explain the objectives of the two standards boards and how they are similar and different.
Describe how the modified accrual basis of accounting differs from full accrual accounting.
Format your paper consistent with APA guidelines

ACC 460 Week 2 Individual Assignment Government and Not-for-Profit Accounting






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Resources: Ch. 1, 2, & 3 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignments from Government and Not-for-Profit Accounting:

·      Ch. 1: Exercise 1-1, Questions 1, 3, 4, 5, 7, & 8

·      Ch. 2: Question for Review and Discussion 12. In addition to answering question 12, provide a response in 150-350 words differentiating between a budget and a Comprehensive Annual Financial Report (CAFR).

Ch. 3: Exercise 3-2, Questions 1, 2, 3, 6, 8, & 9

ACC 460 Week 2 Learning Team Assignment Each team member’s CAFR list from Week One






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Resources: Each team member’s CAFR list from Week One

Select one team member’s CAFR to be the basis for this and subsequent Learning Team assignments, using the CAFRs chosen for the CAFR list activity in Week One.

Locate and review a copy of the budget accompanying your selected CAFR.

Prepare a 700- to 1,050-word overview of the government that filed your selected CAFR.

Include the following information in your overview:

·      Population
·      Governmental structure
·      Size of budget and its interrelationship with the CAFR
·      Major industries located in the entity
·      Other pertinent demographic information

Format your paper consistent with APA guidelines.

ACC 460 Week 3 Individual Assignment Government and Not-for-Profit Accounting






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Resources: Ch. 2, 4, 5, & 6 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignments from Government and Not-for-Profit Accounting:

·     Ch. 2: Exercise 2-1, Questions 1 through 10
·     Ch. 4: Exercise 4-1, Questions 1 through 10, and Exercise 4-7, Question 1 & 2
·     Ch. 5: Questions for Review and Discussion 1 & 2

o In your answers to the Ch. 5 questions, address how encumbrances affect the expenses and expenditures.

·     Ch. 6: Questions for Review and Discussion 1 & 6