Discuss the need to study an entire set of financial statements rather than focus in obsessively on one or two numbers such as net income as provided by our authors. M

/ Accounting / By

 

Discuss the need to study an entire set of financial statements rather than focus in obsessively on one or two numbers such as net income as provided by our authors.

Minimum Requirements

Professional communication is a valued talent in the marketplace, and these exercises provide wonderful practice in preparing for those experiences.

You are required to submit a 3-Page (Title Page, Content Page, Reference Page), APA 7 formatted paper with substantial content. Use the APA 7 Format Made Simple template for setting up every exercise correctly. This will reduce the opportunity for missing points due to APA formatting errors.

For all exercises and our project, I have provided an APA 7 Format Made Simple template for your convenience and it is located in several areas within the course. All you have to do is edit the applicable title page content areas, meet the minimum content requirements, and submit by the due date, in order to be eligible for full credit. Please do not lose points for failing to use the template in order to meet the minimum APA 7 formatting requirements.

Substantial Content

Substantial content requires staying on topic and fully addressing the assignment in a clear, concise, and meaningful manner. The deliverable length of your content must be at least 1 full page in order to be eligible for full credit.

Top 5 Keys to Success for Maximum Credit on Exercises

  • Late submissions, no later than 5 days after due date, will be deducted 5 points off the top
  • All assignments in our class come from our Financial AccountingLinks to an external site. OER textbook, and for academic purposes, require at least one (1) APA reference from our textbook. The template already has this placed on it.
  • You must use the APA 7 Format Made Simple template for all exercises. Failure to align to the APA 7 formatting guidelines will result in point deductions.
  • Direct quotes from references must be less than 10 words.  Please review postings for sentence structure, grammar and punctuation errors. Plagiarized discussions will result in a “0” for the submission of this assignment.
  • Prior to submitting, be sure that your Unicheck % is in the “yellow” at minimum, which means that you have properly inserted citations where applicable. Too high % of scores will not be accepted. Plagiarized submissions will result in a “0” for the assignment.

Best Practices

  • Be sure to fully understand the prompt being asked
  • Locate and reference where our authors provide research/insight related to the prompt
  • Add your own insight/understanding related to the prompt
  • Meet all minimum content requirements
  • Submit your exercise by the due date

Course Resources

All Exercises Grade Weight Total: 25%

Financial AccountingFinancial Accounting

Financial AccountingFinancial Accounting

[AUTHORS REMOVED AT REQUEST OF ORIGINAL

PUBLISHER]

UNIVERSITY OF MINNESOTA LIBRARIES PUBLISHING EDITION, 2015. THIS EDITION ADAPTED FROM A
WORK ORIGINALLY PRODUCED IN 2010 BY A PUBLISHER WHO HAS REQUESTED THAT IT NOT RECEIVE

ATTRIBUTION.
MINNEAPOLIS, MN

Financial Accounting by University of Minnesota is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0
International License, except where otherwise noted.

Contents

Publisher Information x

Chapter 1: Why Is Financial Accounting Important?

1.1 Making Good Financial Decisions about an Organization 2
1.2 Incorporation and the Trading of Capital Shares 7
1.3 Using Financial Accounting for Wise Decision Making 13
1.4 End-of-Chapter Exercises 18

Chapter 2: What Should Decision-makers Know So That Good Decisions Can Be Made
about an Organization?

2.1 Creating a Portrait of an Organization That Can Be Used by Decision Makers 23
2.2 Dealing with Uncertainty 27
2.3 The Need for Generally Accepted Accounting Principles 30
2.4 Four Basic Terms Found in Financial Accounting 36
2.5 End-of-Chapter Exercises 42

Chapter 3: In What Form Is Financial Information Actually Delivered to Decision Makers
Such as Investors and Creditors?

3.1 The Construction of an Income Statement 47
3.2 Reported Profitability and the Principle of Conservatism 53
3.3 Increasing the Net Assets of a Company 58
3.4 Reporting a Balance Sheet and a Statement of Cash Flows 63
3.5 End-of-Chapter Exercises 70

Chapter 4: How Does an Organization Accumulate and Organize the Information
Necessary to Prepare Financial Statements?

4.1 The Essential Role of Transaction Analysis 79
4.2 The Effects Caused by Common Transactions 84

4.3 An Introduction to Double-Entry Bookkeeping 89
4.4 Preparing Journal Entries 94
4.5 The Connection of the Journal and the Ledger 100
4.6 End-of-Chapte

1

Full Title of Paper

First Name Last Name

Business, Valencia College

FIN 3402: Financial Analysis and Planning

Professor Fryer

Due Date

Full Title of Paper

Text of paper begins here… Remember to indent each paragraph using the ‘tab’ key on the keyboard.

If you copy and paste text from another source, you may have to reformat the template to be Times New Roman 12 and double-spaced. Where quotations and/or paraphrasing is used, be sure to insert citations so that your Unicheck score is in the “green or yellow”.

Be sure to meet the minimum content requirements which include at least 1 full page of content. For these exercise assignments, the best practice is to identify the research and perspectives that our authors provide, and then share your own perspective to validate your understanding of the material.

References

Open Textbook Library. (2016). 
Financial Accounting.
https://open.umn.edu/opentextbooks/textbooks/4

You can add any additional references here. Remember that they need to have a hanging indent and they need to be formatted according to APA 7.

  Discuss the need to study an entire set of financial statements rather than focus in obsessively on one or two numbers such as net income as provided by our authors. Minimum Requirements Professional communication is a valued talent in the marketplace, and these exercises provide wonderful practice in preparing for those experiences. You are required to submit a 3-Page (Title Page, Content Page, Reference Page), APA 7 formatted paper with substantial content. Use the APA 7 Format Made Simple template for setting up every exercise correctly. This will reduce the opportunity for missing points due to APA formatting errors. For all exercises and our project, I have provided an APA 7 Format Made Simple template for your convenience and it is located in several areas within the course. All you have to do is edit the applicable title page content areas, meet the minimum content requirements, and submit by the due date, in order to be eligible for full credit. Please do not lose points for failing to use the template in order to meet the minimum APA 7 formatting requirements. Substantial Content Substantial content requires staying on topic and fully addressing the assignment in a clear, concise, and meaningful manner. The deliverable length of your content must be at least 1 full page in order to be eligible for full credit. Top 5 Keys to Success for Maximum Credit on Exercises Late submissions, no later than 5 days after due date, will be deducted 5 points off the top All assignments in our class come from our Financial AccountingLinks to an external site. OER textbook, and for academic purposes, require at least one (1) APA reference from our textbook. The template already has this placed on it. You must use the APA 7 Format Made Simple template for all exercises. Failure to align to the APA 7 formatting guidelines will result in point deductions. Direct quotes from references must be less than 10 words.  Please review postings for sentence structure, grammar and punctuation errors. Plagiarized discussions will result in a “0” for the submission of this assignment. Prior to submitting, be sure that your Unicheck % is in the “yellow” at minimum, which means that you have properly inserted citations where applicable. Too high % of scores will not be accepted. Plagiarized submissions will result in a “0” for the assignment. Best Practices Be sure to fully understand the prompt being asked Locate and reference where our authors provide research/insight related to the prompt Add your own insight/understanding related to the prompt Meet all minimum content requirements Submit your exercise by the due date Course Resources APA 7 Format Made Simple Template – Use this template for all exercises and the project so that you are set-up for a successful submission from a formatting standpoint. It may be found throughout the course and within the “Resources” section of each module. APA format assistanceLinks to an external site. (Links to an external site) Purdue Owl APA Format Information & GuideLinks to an external site. (Links to an external site) All Exercises Grade Weight Total: 25% Financial AccountingFinancial Accounting Financial AccountingFinancial Accounting [AUTHORS REMOVED AT REQUEST OF ORIGINAL PUBLISHER] UNIVERSITY OF MINNESOTA LIBRARIES PUBLISHING EDITION, 2015. THIS EDITION ADAPTED FROM A WORK ORIGINALLY PRODUCED IN 2010 BY A PUBLISHER WHO HAS REQUESTED THAT IT NOT RECEIVE ATTRIBUTION. MINNEAPOLIS, MN Financial Accounting by University of Minnesota is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted. http://creativecommons.org/licenses/by-nc-sa/4.0/ http://creativecommons.org/licenses/by-nc-sa/4.0/ http://open.lib.umn.edu/financialaccounting http://creativecommons.org/licenses/by-nc-sa/4.0/ http://creativecommons.org/licenses/by-nc-sa/4.0/ Contents Publisher Information x Chapter 1: Why Is Financial Accounting Important? 1.1 Making Good Financial Decisions about an Organization 2 1.2 Incorporation and the Trading of Capital Shares 7 1.3 Using Financial Accounting for Wise Decision Making 13 1.4 End-of-Chapter Exercises 18 Chapter 2: What Should Decision-makers Know So That Good Decisions Can Be Made about an Organization? 2.1 Creating a Portrait of an Organization That Can Be Used by Decision Makers 23 2.2 Dealing with Uncertainty 27 2.3 The Need for Generally Accepted Accounting Principles 30 2.4 Four Basic Terms Found in Financial Accounting 36 2.5 End-of-Chapter Exercises 42 Chapter 3: In What Form Is Financial Information Actually Delivered to Decision Makers Such as Investors and Creditors? 3.1 The Construction of an Income Statement 47 3.2 Reported Profitability and the Principle of Conservatism 53 3.3 Increasing the Net Assets of a Company 58 3.4 Reporting a Balance Sheet and a Statement of Cash Flows 63 3.5 End-of-Chapter Exercises 70 Chapter 4: How Does an Organization Accumulate and Organize the Information Necessary to Prepare Financial Statements? 4.1 The Essential Role of Transaction Analysis 79 4.2 The Effects Caused by Common Transactions 84 4.3 An Introduction to Double-Entry Bookkeeping 89 4.4 Preparing Journal Entries 94 4.5 The Connection of the Journal and the Ledger 100 4.6 End-of-Chapte 1 Full Title of Paper First Name Last Name Business, Valencia College FIN 3402: Financial Analysis and Planning Professor Fryer Due Date Full Title of Paper Text of paper begins here… Remember to indent each paragraph using the ‘tab’ key on the keyboard. If you copy and paste text from another source, you may have to reformat the template to be Times New Roman 12 and double-spaced. Where quotations and/or paraphrasing is used, be sure to insert citations so that your Unicheck score is in the “green or yellow”. Be sure to meet the minimum content requirements which include at least 1 full page of content. For these exercise assignments, the best practice is to identify the research and perspectives that our authors provide, and then share your own perspective to validate your understanding of the material. References Open Textbook Library. (2016).  Financial Accounting. https://open.umn.edu/opentextbooks/textbooks/4 You can add any additional references here. Remember that they need to have a hanging indent and they need to be formatted according to APA 7.

Why Choose Us

  • 100% non-plagiarized Papers
  • 24/7 /365 Service Available
  • Affordable Prices
  • Any Paper, Urgency, and Subject
  • Will complete your papers in 6 hours
  • On-time Delivery
  • Money-back and Privacy guarantees
  • Unlimited Amendments upon request
  • Satisfaction guarantee

How it Works

  • Click on the “Place Your Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
  • Fill in your paper’s requirements in the "PAPER DETAILS" section.
  • Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
  • Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
  • From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.