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AMP415 Week 1 Discussion 1 & 2

dq 1

Identify one account that would typically be found on a balance sheet, and one account
that would typically be found on an income statement, and define them. Cite any
references used, and do not identify accounts that have already been chosen by any of
your classmates. Participate in follow-up discussion by reviewing your classmates
posts and adding to their definitions of terms, or by responding to follow-up questions
posed by your instructor.

dq 2

Choose one of the assumptions, principles, constraints, primary characteristics,

secondary characteristics, or elements of accounting as found in the conceptual
framework of accounting. Explain the concept in your own words and describe a
business situation in which the concept could be applied. Do not choose a concept
previously chosen by one of your classmates.
AMP415 Week 2 Discussion 1 & 2

dq 1

What information might you use, besides the financial statements of an organization,
when analyzing its financial health? Be specific, and identify the usefulness of the
information that you identify.

dq 2

In performing a horizontal analysis on a companys income statement, you notice that

sales have decreased by 4%, but the gross profit has increased by 10%. What are some
factors that could cause this to happen?

AMP415 Week 3 Discussion 1 & 2

dq 1

What are the benefits of ratio analysis? What are the limitations of ratio analysis? What
can be done to minimize the limitations on ratio analysis? Explain.

dq 2
You have computed all of the liquidity ratios for a company, and each of them appears
to be close to or better than the industry averages. What other information would you
want before you made a final assessment of the companys short-term debt paying
ability?

AMP415 Week 4 Discussion 1 & 2

dq 1

What are the differences between the indirect and direct methods of preparing the
statement of cash flows? Do you agree with the FASB that the direct method is
preferred? Why, or why not?

dq 2

Choose a publicly traded company and calculate its cash flow ratios as presented in
this weeks lecture. Demonstrate your calculations in your post, and explain what the
cash flow ratios indicate about the company. Do not choose a company previously
chosen by one of your classmates. Participate in follow-up discussion by choosing one
of your classmates posts and expanding upon what they have said that the cash flow
ratios indicate.

AMP415 Week 5 Discussion 1 & 2

dq 1
Distinguish between a variable cost, a fixed cost, and a mixed cost. Identify a publicly
traded, well-known company, and identify what you envision would be a variable cost,
a fixed cost, and a mixed cost for this company. Do not choose a company that one of
your classmates has already chosen. Participate in follow-up discussion through
responding to one of your classmates posts, adding to the variable, fixed, and mixed
costs that might exist for the company presented.

dq 2

What is meant by a products contribution margin ratio? How is this ratio useful in
planning business operations?

AMP415 Week 6 Discussion 1 & 2

dq 1

What other ways, besides relevant costs, could be used to analyze a make-or-buy
decision?

dq 2

How is relevant costing used in decision making? What would the relevant costs be in
deciding whether to discontinue a segment of business? What would the relevant costs
be in deciding how to optimize use of a constrained resource?
AMP415 Week 7 Discussion 1 & 2

dq 1

What is a static budget? What is a flexible budget? Which is more useful, and why?

dq 2

Consider your current position, or consider a job that you might like to have in the
future. Describe how budgeting might impact you in that role.

AMP415 Week 8 Discussion 1 & 2

dq 1

What is the difference between a value-added and a non-value-added cost? Give an

example of each. Participate in follow-up discussions by reviewing your classmates
posts and expanding upon what they have written regarding value-added and non-
value-added costs.

dq 2

What is the product life cycle? How does it impact pricing decisions?
AMP415 Week 1 Assignment

Details:

Using Excel, prepare a classified balance sheet and multistep income statement using
the Adjusted Trial Balance for ABC Corporation as of and for the year ended December
31, 2010.

AMP415 Week 2 Assignment

Details:

Complete Problem 15-18 Common Size Statements and Financial Ratios for a Loan
Application in chapter 15 of Managerial Accountingand present your responses in an
Excel spreadsheet.

You are not required to submit this assignment to Turnitin.

AMP415 Week 3 Assignment

Details:

This is a CLC assignment.

With your CLC, select a publicly traded company to analyze. You must clear the
company with your instructor, as no two groups may examine the same company.

Analyze the strengths and weaknesses of the company using ratio analysis, and
present your findings in a paper of 1,5002,000 words.

Include all calculations used in an appendix to the paper.

Prepare this assignment according to the APA guidelines found in the APA Style Guide,
located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to Turnitin. Please refer to the directions in
the Student Success Center./

AMP415 Week 4 Assignment

Details:

For this assignment, you will interview an accountant to learn more about the field and
how financial statements and information are utilized to make important managerial
decisions.

Refer to Informed Consent Letter. You should present the Informed Consent Letter to
the person you intend to interview.

Potential Interviewees: CPAs in public practice, commercial loan officers at financial

institutions, comptrollers or chief accountants at local firms, financial planners,
investment advisors, or small-business owners.

Once you have identified a candidate, contact the person to set up an appointment.
You may conduct your interview in person or via phone.

Prepare a list of at least 5-7 questions for your interview. Your questions should focus
on the usefulness and limitations of using financial statements such as the balance
sheet, income statement, and statement of cash flows, to analyze a firm. Remember
that professionals have many commitments so try to schedule your interview well in
advance of the assignments due date.

After you complete the interview, write a reflection (750-1,000-words) on what you
learned in the interview. Address the following in your response:

1. 1. What are the most valuable things you learned about utilizing financial
statements to analyze a firm?
2. 2. What, if any, are the significant limitations of using financial statements for
analysis?
3. 3. What other information is important for making managerial accounting
decisions?
4. 4. What did you learn about the field of managerial accounting that might help
you to excel in your profession?
Provide an interview summary at the end of your reflection that includes the following
information:

1. 1. The name of the person you interviewed and the number of years he/she has
been in the accounting field.
2. 2. The name of the company at which he/she is currently employed.
3. 3. How long the person has been employed at the current company.
4. 4. Date of the interview and whether it took place in person or via phone.
5. 5. Contact information for the person your interviewed.
6. 6. The list of your interview questions.
APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to Turnitin.

AMP415 Week 5 Assignment

Details:

Complete Problem 6-21 Segment Reporting and Decision Making in chapter 6

of Managerial Accounting and present your responses in an Excel spreadsheet.
AMP415 Week 5 Benefits of Using CVP Analysis Assignment

Details:

Your company, Diamond Dynamics, is researching whether or not it would be a good

decision to invest in new manufacturing equipment that will significantly speed up
production time on the assembly line. However, the total cost of the equipment and
installation, not including any maintenance plan, is a hefty investment of roughly
$850,000. In a 500-word description, Explain how a CVP analysis would be useful for
determining whether or not the investment is worth it. Also, explain the limitations of a
CVP analysis in this situation and for making managerial decisions in general.

APA format is not required, but solid academic writing is expected.

You are not required to submit this assignment to Turnitin.

AMP415 Week 6 Relevant Costs Assignment

Details:

Complete P14-48 on pages 624-625 of Managerial Accounting: Creating Value in a

Dynamic Business Environmentand present your responses in an Excel spreadsheet.

You are not required to submit this assignment to Turnitin, unless otherwise directed
by your instructor. If so directed, refer to the Student Success Center for directions.
Only Word documents can be submitted to Turnitin.
AMP415 Week 6 Benchmark Assignment

Details:

Voice App is a midsize software company that specializes in voice recognition software.
Due to rising costs of maintaining IT technical support, your director is considering
outsourcing your technical support services. Currently, your technical support service
desk is staffed by 30 full-time and 15 part-time employees. Your director has asked you
to prepare a recommendation report that includes the advantages and disadvantages
of outsourcing and a cost/benefit analysis to determine if outsourcing will actually
result in any significant savings for the company.

For this assignment, prepare your preliminary list of the advantages and disadvantages
of outsourcing for your company, including both long- and short-term consequences.
Rank the advantages and disadvantages in descending order of importance. Then, in a
500-word paper, explain the research process you will undertake to complete your
recommendation. Include all costs you must calculate and other data you must collect
in order to make the most informed decision possible.

APA format is not required, but solid academic writing is expected.

This assignment uses a rubric. Please review the rubric prior to beginning the
assignment to become familiar with the expectations for successful completion.

You are not required to submit this assignment to Turnitin.

AMP415 Week 7 Budgeting Benchmark Assignment

Details:

Complete Problem 8-21 Schedule of Expected Cash Collections; Cash Budget in

chapter 8 ofManagerial Accountingand present your responses in an Excel spreadsheet.
This assignment uses a grading checklist. Instructors will be using the grading checklist
to grade the assignment; therefore, students should review the grading checklist prior
to beginning the assignment to become familiar with the assignment criteria and
expectations for successful completion of the assignment.

You are not required to submit this assignment to Turnitin.

AMP415 Week 8 CLC Pricing Decisions Assignment

Details:

This is a CLC assignment.

Within your CLC, choose a publicly traded company and identify one of its products
that the group will analyze. Describe the strategic implications that would need to be
considered in setting a price for that product, and determine whether the group would
use a market-based pricing approach or a cost-based pricing approach to setting the
product price. Explain the rationale behind choosing the pricing approach. Identify the
costs that the group thinks would be considered in setting the product price, and come
up with a sample cost structure for the product (make it as realistic as possible).
Calculate a price for the product, and defend your product price and related cost
structure.

Present your responses in a paper of 1,000-1,500 words.

Prepare this assignment according to the APA guidelines found in the APA Style Guide,
located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to Turnitin. Please refer to the directions in
the Student Success Center.