ACC 309 Final Project Guidelines and Rubric.pdf - ACC 309 Final Project Guidelines and Rubric Overview In the accounting field you will often be

ACC 309 Final Project Guidelines and Rubric.pdf - ACC 309...

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1 ACC 309 Final Project Guidelines and Rubric Overview In the accounting field, you will often be expected to both enter calculations accurately and articulate what this information means to internal and external stakeholders. In addition, you will be expected to propose financial solutions when a company is faced with a policy change, or when the company’s regulations change. For this project, imagine that you have just started in a new role as a financial accountant preparing for a year-end audit. In addition, you are charged with showing the financial impacts of the company’s recent initiatives. You will revise year-end financial statements to reflect these changes, compose notes to the financial statements, and compose an executive summary to explain the impacts to stakeholders. You will create these documents based on information in the Final Project Scenario and Final Project WorkbookIn this assignment, you will demonstrate your mastery of the following course competencies: ACC-309-01: Revise financial statements in accordance with applicable rules and regulations ACC-309-02: Analyze the financial impact of changes to an organization by internal and external factors ACC-309-03: Demonstrate ethical conduct in the process of correcting accounting records Prompt Specifically, the following critical elementsmust be addressed. Most of the critical elements align with a particular course competency (shown in brackets).I.Workbook: Calculate relevant ratios, payouts, obligations, and prepare appropriate adjusting entries and revised financial statements. Be sure to complete all tabs in the spreadsheet.A.Calculate capital lease obligationsfor determining debt and depreciation. [ACC-309-02] B.Calculate pension payoutsto determine the company’s financial obligations. [ACC-309-01] C.Prepare appropriate adjusting entries. [ACC-309-01] D.Complete theAdjusted Trial Balance. [ACC-309-01] E.Prepare revised financial statementsfor year-end audit that flow logically within the document. [ACC-309-01] F.Prepare a statement of comprehensive incometo ensure alignment with applicable rules and regulations. [ACC-309-01] G.Determine the impact on earnings per share [ACC-309-02] H.Prepare financial statements for year-end audit with appropriate changesthat flow logically within the document. [ACC-309-01] .
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