Posted: March 4th, 2021

ACCT 4023 –Advanced Accounting Project 1 – information

ACCT 4023 –Advanced Accounting
Fall 2020 – Online
Project 1 – information
The individual project is designed to allow you to demonstrate your knowledge of advanced accounting and
conducting research related to consolidation topics. The project will require organization, critical thinking, good
written communication skills, and an understanding of financial accounting concepts. This project is consistent
with the following objectives outlined in our course
• Demonstrate the accounting treatment for consolidations and related issues.
The project is graded for completeness, professionalism, and accuracy (as well as the usual elements of
grammar and style). Be sure to thoroughly address all of the requirements outlined and offer complete support
for your discussion. Total points for this research paper are 125.
This is an individual research project and the final product is your individual responsibility.
To avoid plagiarism:
• Always make note of the source used.
• Use quotations when text is directly excerpted from a source.
• When paraphrasing read the original passage several times. Get a complete understanding of the
content and the context of the passage. Use your own words to reflect the idea of the passage (still
cite the source).
• Ask a friend or family member to proofread your work and the sources used.
DUE DATE:
This paper cannot be completed in one evening. Plan your time accordingly. Having a plan will help to ensure
that the research paper is completed on time with thoughtful professional quality. Your completed paper must
be submitted to the dropbox in our Canvas course on or before 11:59p, October 25th
.
Note that this project cannot be successfully completed the night before it is due!
Late papers will not be accepted.
Your responses must be thorough enough to demonstrate that you explored the company’s financial
statements. To that end, you should state (with specificity) where the information was found.
Note: You may answer each of these parts separately, i.e. the discussion does not have
to flow as a continuous narrative.
Among the many different types of filings archived in EDGAR, we find that investor
“The annual accounting report (10-K) is the most commonly requested filing, receiving 21 percent
of all requests, followed by current reports (8-K) at 19 percent, and the quarterly accounting report
(10-Q) at 16 percent.”
Drake, M. S., Roulstone, D. T., and Thornock, J. R. (2015 – Research Paper Writing Help Service). The Determinants and Consequences of Information
Acquisition. Contemporary Accounting Research Vol. 32 No. 3 (Fall 2015 – Research Paper Writing Help Service) pp. 1128–1161.
Using EDGAR (Electronic Data Gathering, Analysis and Retrieval system) find a publicly traded company (your
choice). Access the most recent 10-K filing for the selected company. Review the company’s financial
statements and related disclosures to respond to the questions below.
NOTE: You must select a company that has investments (more than one type). The investments must include
more than one of the following types of investments: trading securities, AFS, HTM securities, joint ventures, VIE,
NCI or equity-method securities; these are the securities discussed in chapters 1 – 3. This may require you
to explore more than one company.
You CANNOT use Coca Cola or PepsiCo.
The goals are:
A. to see if investments are clearly stated on the face of the financial statements: Income Statement, Balance
Sheet, Statement of Cash Flows, Statement of Stockholder’s Equity (Questions 1, 3, 6, 8)
B. to see if the sources of the investments are clearly communicated in the Notes to the Financial Statement
(Questions 2, 4, 5, 7)
C. to determine whether or not you are able to understand the company’s investment activities based on the
information provided (Question 9, 10)
The questions below may be used for guidance.
Note: You may answer each of these parts separately, i.e. the discussion does not have to flow as a continuous
narrative.
1) Over the past two years, what is reported on the face of the Balance Sheet for investments?
2) What additional information do the notes to the financial statement provide about the investments
reported on the Balance Sheet, i.e. the Balance Sheet reflects an amount, do the notes elaborate on the
amount reported?
3) Over the past three years, has the company reported any unrealized gains or losses in shareholder’s equity?
4) What additional information is provided in the financial statement disclosures about the unrealized gains or
losses?
5) Does the company use the equity method to report any of its investments? How significant are the equity
investments?
6) Over the past three years, what is reported on the face of the Income Statement related to the company’s
investments?
7) What additional information is provided in the note disclosures related to the amounts reported on the
Income Statement?
8) Is the impact of investments reflected on the statement of cash flows over the past three years? Explain.
9) Did the footnote disclosures provide you with sufficient information to understand the investments made
by the company and the financial impact of those investments?
10) How might you use the information about the company’s investment activities in a decision-making context?
When might this information be relevant? {Note: you can assume the role of a manager, employee, investor,
lender, etc. Let me know “who you are”}
Read all of the following carefully.
Your responses must demonstrate graduate level knowledge and communication skills. All responses must be
well discussed, logical and well supported.
On each page, include a header with your CWID # and a page number.
A title page is required. Get custom essay samples and course-specific study resources via course hero homework for you service – Include the following information on your title page: CWID #, NO name, Semester,
Year, and Course name.
Format. Format the paper using a standard font: Times New Roman, Courier, or Arial; a standard font size: 10,
11 or 12; indent each new paragraph; double space; and a one-inch margin on all sides. Use the page break
feature and include a reference page, where applicable.
Submit. Use Microsoft Word when submitting your paper. Spell check/grammar check.

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