ACCT 301 All Weeks Discussions – Would you like to have ACCT
301 All Weeks Discussions? May be it is part of your course and you like to
have the solution of this course.
ACCT 301 Week 1 Discussion
Accounting Information
How is accounting the language of business? Who are the
users of accounting information, and how do they use it?
Financial Statement
What is the difference between cash and accrual accounting?
When would a company prepare its financial statements on a cash basis? When
would a company prepare its financial statements on an accrual basis?
ACCT 301 Week 2
Discussion; Internal Controls
Internal Controls
Describe what you think is the most important control
activity that a company can implement. Why do you think that the one you chose
is the most important?
Ethics
Describe one of the three elements that are present when
fraud occurs. Of the three elements, which do you think is present first in an
ethical situation?
ACCT 301 Week 3 Discussion; Financial Statement Analysis
Horizontal and Vertical Analysis (graded)
Go to Yahoo! Finance at the following URL:
http://finance.yahoo.com/. Enter the name of your favorite public company in
the box in the upper left-hand corner, and click on Get Quotes. Click on the
income statement or balance in the bottom left-hand corner of your favorite
company. Perform a horizontal or vertical analysis of one of the line items on
its income statement or balance sheet. What does this information tell you?
Ratio Analysis (graded)
Go to Yahoo! Finance at the following URL:
http://finance.yahoo.com/. Enter the name of your favorite public company in
the box in the upper left-hand corner, and click on Get Quotes. Explore the
information given for your favorite company by clicking on the links on the
left-hand side of the screen. What information do you find interesting?
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