Devry ACC 504 (Accounting & Finance Managerial Use and Analysis)
Week 1:
Overview of Financial Statements Discussion
· What is GAAP? What is the purpose of GAAP?
· What is the purpose of a Balance Sheet? What information does it provide?
Week 2
Accounting Information System
· What is the role of the accounting equation in the analysis of business transactions?
· Cash Basis Accounting Defined
· Accrual Basis Accounting Defined
Week 3
ACCT 504 Week 3 Case Study 1 (The Complete Accounting Cycle).
Merchandising Operations and Inventory
Why is inventory important for a business? How is inventory different from other assets of the business?
Discussion Questions
According to our text (p.184) CVP focuses on how profits are affected by five factors.
Breakeven Point
Week 4
Week 4 Assignment (International Business & Career Research Part I & II). (450+ Words)
Week 4 Midterm Exam(30 Multiple Choice and 2 Explainatory Questions).
Week 5
ACCT 504 Week 5 Case Study 2 (Internal Control). (600+ Words)
Week 6
ACCT 504 Week 6 Case Study 3 (Oxford Cash Budget Template).
ACCT 504 Week 6 Case Study 3 (Oxford Cash Budget).
Week 7
Course Project
Taking a Closer Look at Microsoft and Oracle 2006-2007
Profile
Ratios
· Earnings per share PROFITABILITY
· Current ratio LIQUIDITY
· Gross Profit Ratio PROFITABILITY
· Profit margin ratio PROFITABILITY
· Inventory Turnover LIQUIDITY
· Days in Inventory LIQUIDITY
· Receivable Turnover Ratio LIQUIDITY
· Average Collection Period LIQUIDITY
· Assets Turnover Ratio PROFITABILITY
· Return on Assets Ratio PROFITABILITY
· Debt to Total Assets Ratio SOLVENCY
· Times Interest Earned Ratio SOLVENCY
· Payout ratio PROFITABILITY
· Return on Common Stockholders’ Equity
· PROFITABILITY
· Free cash flow SOLVENCY
· Current cash debt coverage ratio SOLVENCY
· Price/Earnings ratio PROFITABILITY
Summary
Liquidity
Refrences