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ACC 497 Week 5 Learning Team Case 

Study Assignment and Presentation

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ACC 497 Week 5 Individual Assignments From the 

Readings ch 4-15 and ch 4-17

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Resources: Ch. 4 & 5 of Modern Auditing

Write answers to the following problems:

Learning Check 4–15 & 4–17 in Ch. 4

Comprehensive Question 5 – 34 And 5 – 35

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ACC 497 Week 5 DQ 2

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Week-5-DQ-2

What are the differences in financial reporting in a for-

profit and government organization? What are the 

similarities in financial reporting in a for-profit and 

government organization? How do these differences and 

similarities affect the comparability of financial reports? 

Should these reports be comparable? Explain your 

response.

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ACC 497 Week 5 DQ 1

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Week-5-DQ-1

What are the differences in reporting guidance in a for-

profit and not-for-profit organization? What are the 

similarities in reporting guidance in a for-profit and not-

for-profit organization? How do these differences and 

similarities affect the comparability of financial reports? 

Should these reports be comparable? Explain your 

response.

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ACC 497 Week 4 Learning Team Assignment From the 

Reading

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Resources: Ch. 15 of Prentice Hall’s Federal Taxation 

2011: Individuals

Conduct tax research and formulate tax-planning advice 

in your response to the following problems

1:15-61 Tax Strategy Problem

2:15-62 Case Study Problem

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ACC 497 Week 4 Learning Team Assignment From the 

Reading

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Resources: Ch. 15 of Prentice Hall’s Federal Taxation 

2011: Individuals

Conduct tax research and formulate tax-planning advice 

in your response to the following problems

1:15-61 Tax Strategy Problem

2:15-62 Case Study Problem

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ACC 497 Week 4 Individual Assignment From the 

Reading

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Resources: Ch. 1 of Prentice Hall’s Federal Taxation 

2011: Individuals

Respond to the following problems by conducting tax 

research and including tax-planning advice:

1:1-48 Tax Strategy Problem

2:1-49 Case Study Problem

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ACC 497 Week 4 DQ 2

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Week-4-DQ-2

What is the Sarbanes-Oxley Act? How does act affect 

the audits for the accounting firm and for the 

organization? Has the Sarbanes-Oxley Act improved the 

quality of the audit? Explain your response

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ACC 497 Week 4 DQ 1

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Week-4-DQ-1

What are the risks and liability factors in an audit? What 

are the implications to the auditor? What are the 

implications to the organization? How can the auditor 

mitigate these risks and liability factors?

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ACC 497 Week 3 Learning Team Assignment From the 

Reading BYP1-2

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BYP1-2

Resources: Ch. 1 of Managerial Accounting: Tools for 

Business Decision Making

Write responses to the following assignment: 

Broadening Your Perspective, Managerial Analysis 

(BYP1-2) at the end of Ch. 1

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ACC 497 Week 3 Learning Team Assignment Case Study

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Prepare a 350-word response for each of the following 

cases answering the questions located at the end of 

each case study from the text, Financial Accounting 

Theory and Analysis:

Chapter 1: Case 1-3 Politicalization of Accounting 

Standards

Chapter 1: Case 1-4 Generally Accepted Accounting 

Principles

Chapter 2: Case 2-2 The Theoretical Foundation of 

Accounting Principles

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ACC 497 Week 3 Individual Assignment From the 

Readings Exercise 17(E1-17)

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Exercise-17(E1-17)

Resources: Ch. 1 of Managerial Accounting: Tools for 

Business Decision Making

Prepare a written response to the following exercise:

Exercise 17 (E1-17) at the end of Ch. 1

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ACC 497 Week 3 Individual Assignment Financial 

Statements Paper Part II

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Week-3-Individual-Assignment-Financial-Statements-

Paper-Part-II

Write a 1,050- to 1,750-word paper in which you 

address the following:

Does management’s assessment of the financial 

condition agree with your assessment from the Financial 

Statements Paper Part I? Explain your response. 

Support your answer using trend analysis, vertical 

analysis, or ratio analysis.

In the Annual Report, there are several concerns from 

management. Discuss these concerns, and identify other 

weaknesses not discussed by management. Then, 

recommend a course of action addressing these 

concerns.

Format your paper consistent with APA guidelines.

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ACC 497 Week 3 DQ 2

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Week-3-DQ-2

What is the purpose of tax planning? How do we conduct 

tax planning? How could tax planning lead to unethical 

behavior?

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ACC 497 Week 3 DQ 1

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Week-3-DQ-1

What is tax research? What is the purpose of conducting 

tax research? Are results of tax research conclusive? 

Explain your response.

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ACC 497 Week 2 Learning Team Assignment Case Study

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Week-2-Learning-Team-Assignment-Case-Study-

Write a 350-word response for each of the following 

cases answering the questions located at the end of 

each case.

Case 1-3 Politicalization of Accounting Standards in Ch. 

1

Case 1-4 Generally Accepted Accounting Principles in 

Ch. 1

Case 2-2 The Theoretical Foundation of Accounting 

Principles in Ch. 2

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