ACC561 Week6: Managerial Analysis Budgetary Planning and Control ACC561 Week6: Purpose of Assignment  This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs. Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making.  Assignment Steps  Resources: Generally Accepted Accounting Principles […]

ACC561 Week5 Cost-Volume-Profit Analysis Cost-Volume-Profit Analysis ACC561 Week5: Purpose of Assignment  The Case Study focuses on CVP (Cost-Volume-Profit), break-even, and margin of safety analyses which allows students to experience working through a business scenario and applying these tools in managerial decision making.  Resources Cost-Volume-Profit Analysis Grading Guide Generally Accepted Accounting Principles (GAAP), U.S. Securities and […]

ACC561 Week4 Production Costs Product Costing ACC561 Week4: Purpose of Assignment  The materials covered this week distinguish between the different costing methods and provides needed tools for decision making. This case study focuses on determining equivalent units in a production business setting.  Resources Production Costs Grading Guide Generally Accepted Accounting Principles (GAAP), U.S. Securities and […]

ACC561 Week3 Ratio Analysis Financial Analysis and Managerial Accounting Concepts ACC561 Week3: Purpose of Assignment  This week’s focus is on the preparation of financial reports for internal users, such as managers. This case study applies the concepts of managerial accounting, through comparative and ratio analysis, and requires students to identify financial data needed by managers […]

ACC561 Week2 Accounting Methods Accounting Transactions and Concepts ACC561 Week2: Purpose of Assignment  This week’s activity illustrates the role a company’s accounting method plays in financial statement reporting. In this assignment, students evaluate the events occuring in a business setting and determine how to properly analyze those events to identify the impact on both cash […]

ACC561 Week1 Financial Statements Introduction to Financial Accounting and Reporting ACC561 Week1: Purpose of Assignment  This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, […]