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Accounting Questions

Accounting Questions

Task 1: 180-220 words with references

1. Go to: org/ascLogin.cfm Your professor will provide log on credentials and password. 2. Review the FASB Learning Guide (Attached) 3. Take the following lessons: Part I, Lesson 1: Getting Started with the Codification Part I, Lesson 2: Navigating the Codification Plus, at least one additional lesson of your choosing. 4. Complete one or more Exercise(s) from each lesson. 5. Discuss what you learned about the FASB Accounting Standards Codification.

Task 2: 180-220 words (2-3 paragraphs)

Learning Material:

Intro to Financial Accounting – Chapter 8 (attached)

Roger CPA Review:

FAR Intangibles

Intangibles

Goodwill

Computer Software Costs & Other Assets

Intangibles under IFRS

Reference Roger CPA Exam Review

Take notes and create your answer using paper and pen, MS Word, and Excel as appropriate

Prepare a MS Word document with comments on your experience completing this assignment and other learning activities for the week. This document should be at least two paragraphs (which is to be comprised of at least 5 sentences each) as you summarize your work, ask questions, and consider key topics.

Task 3: 180-220 words with references

Associations like AICPA, ISACA, ACFE, and others provide a wealth of information for its members regarding internal controls, fraud prevention, security, and accounting best practices. Membership fees for these associations are relatively inexpensive considering the resources that they provide. Using the firm that you work for (or if you are not working, use a firm that you used to work for or a firm that you are familiar with), select an organization/association from the Course-Related Websites and describe how they can help your firm in securing and protecting its AIS. Be sure to include specifics.

Task 4: 180-220 words with references

Learning Materials:

Advanced Auditing and Information Systems Lecture #5 1/2 (6/23/2014) – YouTube

Audits of Internal Control & Control Risk – Prof. Helen Brown – Lecture 10 – YouTube

Access these chapters to learn more about information systems, the big picture, legal issues, the management of risk, and ethical implications.

· Chapter 6: Information Systems Security

· Chapter 12: The Ethical & Legal implications of Information Systems

https://open.umn.edu/opentextbooks/BookDetail.aspx?bookId=189

Access these chapters to learn more about information systems, the big picture, legal issues, the management of risk, and ethical implications.

· Chapter 14: Information Systems Security

· Chapter 15: Avoiding Information System Failures

http://www.opentextbooks.org.hk/ditatopic/26331

Based upon the material covered from the readings and/or videos from Week 8, highlight the three most important concepts you learned this week and how each of these concepts will help you in appreciating the power of AIS. Be sure to include examples with your postings. NOTE: You should first identify the concepts that you learned and then describe how they increased your appreciation and understanding of AIS.

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