Description
ACC 502 Accounting Practices Entire Course
Accounting Practices
Course Description
This course is designed for students who are preparing for more advanced coursework in business but who have not had accounting in undergraduate work. Topics covered include the principles and practices of financial accounting, including the fundamentals of revenue recognition, the components of the balance sheet, and financial statement analysis. The course explores accounting theories using publicly traded companies and case studies.
Instructor Contact Information
Class Resources
GCU Colangelo College of Business Form 10-K Tutorial
View “GCU Colangelo College of Business Form 10-K Tutorial,” from YouTube (2021), for assistance with locating the Form 10-K for the list of approved companies.
Corporate Financial Reporting and Analysis: A Global Perspective
Young, S. D., Cohen, J., & Bens, D. A. (2019). Corporate financial reporting and analysis: A global perspective (4th
ed.). Wiley. ISBN-13: 9781119494577
ACC-502 Common Accounting Ratios
Review “ACC-502 Common Accounting Ratios” to assist with coursework.
Understanding the Balance Sheet
Read “Understanding the Balance Sheet,” by Kaiser, from the New Jersey CPA (2020).
https://lopes.idm.oclc.org/login?url=https://search.ebscohost.com/login.aspx? direct=true&db=bth&AN=146883037&site=eds-live&scope=site&custid=s8333196&groupid=main&profile=eds1
The Accounting Equation
Review “Accounting Equation,” located on the Principles of Accounting website.
https://www.principlesofaccounting.com/chapter-1/accounting-equation/
ACC-502 Discussion Questions
The Four Core Financial Statements
Review “Four Core Financial Statements,” located on the Principles of Accounting website, for a review of the accounting cycle.
https://www.principlesofaccounting.com/chapter-1/financial-statements/
Chapter 3: Income Measurement
Review “Chapter 3: Income Measurement,” located on the Principles of Accounting website, for a review of revenue and expenses.
https://www.principlesofaccounting.com/chapter-3/
Resources for Locating a Form 10-K
Review the attached resources for assistance in locating the Form 10-K for the list of approved companies.
FASB Codification
GCU is providing access for students and instructors to the Financial Accounting Standards Board (FASB) Codification Professional View and Governmental Accounting Research System (GARS) Online. To obtain the credentials to access the FASB website, select the link provided and enter your credentials (the same credentials you would use to access your digital classroom). You will then receive access to the FASB Codification Access credentials and a link to the American Accounting Association login page.
https://www.gcumedia.com/fasb-accounting-standards/v1.1/#/
U.S. Securities and Exchange Commission: Filings and Forms
Use the U.S. Securities and Exchange Commission Filings and Forms website to access free information from the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, as needed to complete the topic assignments.
https://www.sec.gov/edgar.shtml
International Financial Reporting Standards (IFRS) Foundation
Explore the International Financial Reporting Standards (IFRS) Foundation website.
https://www.ifrs.org/
Chapters 6, 8, 10, 13, and 17 Resources
Assignment answers are provided from the publisher’s test bank to accompany Corporate financial reporting and analysis: A global perspective (4th ed.), by Hoboken, NJ (2019), with permission from the publisher, Wiley Inc.
Chapters 6, 8, 10, 13, and 17 Resources
Assignment answers are provided from the publisher’s test bank to accompany Corporate financial reporting and analysis: A global perspective (4th ed.), by Hoboken, NJ (2019), with permission from the publisher, Wiley Inc.
Chapters 6, 8, 10, 13, and 17 Resources
Assignment answers are provided from the publisher’s test bank to accompany Corporate financial reporting and analysis: A global perspective (4th ed.), by Hoboken, NJ (2019), with permission from the publisher, Wiley Inc.
Chapters 6, 8, 10, 13, and 17 Resources
Assignment answers are provided from the publisher’s test bank to accompany Corporate financial reporting and analysis: A global perspective (4th ed.), by Hoboken, NJ (2019), with permission from the publisher, Wiley Inc.
Chapters 6, 8, 10, 13, and 17 Resources
Assignment answers are provided from the publisher’s test bank to accompany Corporate financial reporting and analysis: A global perspective (4th ed.), by Hoboken, NJ (2019), with permission from the publisher, Wiley Inc.
Accounting Basics Part 1: Application in Healthcare
Read “Accounting Basics Part 1: Application in Healthcare,” by South-Winter and Porter, from the Radiology Management (2016).
https://lopes.idm.oclc.org/login?url=https://search.ebscohost.com/login.aspx? direct=true&db=ccm&AN=118238159&site=eds-live&scope=site&custid=s8333196&groupid=main&profile=eds1
Company Overview Assignment Answer Key
The “Company Overview Assignment Answer Key” is provided for instructors.
LopesWrite
Refer to the LopesWrite webpage for guidance regarding assignments requiring submission to LopesWrite. https://support.gcu.edu/hc/en-us/articles/201277380-LopesWrite
ACC-502 Course Revision History
Topic 1: Introduction to Financial Accounting
Resources
Financial Accounting Standards Board (FASB)
Explore the Financial Accounting Standards Board (FASB) website.
https://www.fasb.org/home
Corporate Financial Reporting and Analysis: A Global Perspective
Read Chapters 1 and 2 in Corporate Financial Reporting and Analysis: A Global Perspective.
U.S. Securities and Exchange Commission: Filings and Forms
Use the U.S. Securities and Exchange Commission Filings and Forms website to access free information from the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, as needed to complete the topic assignment.
https://www.sec.gov/edgar.shtml
Beginners’ Guide to Financial Statement
Read “Beginners’ Guide to Financial Statement” (2007), located on the U.S. Securities and Exchange Commission (SEC) website.
https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguidehtm.html