The final project focuses on creating of an accounting portfolio. The project is divided into three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions.

Creating of an accounting portfolio.

Overview The final project for this course is the creation of an accounting portfolio. The project is divided into three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Three, Five, and Seven. The final product will be submitted in Module Nine. According to the AICPA (American Institute of Certified Public Accountants), a CPA in today’s environment must not only have a high level of technical competence and a sense of commitment to service, but must also have good communications and analytical skills and the ability to work well with people.

Creating of an accounting portfolio.

Employers are looking for individuals who have the ability to analyze and evaluate complex business problems combined with the interpersonal skills and maturity to make decisions in a client and customer service environment. By adopting a real-life company in this course, you will apply the technical competence and other skills required by today’s CPA. Through case study analysis, you will develop skills such as communication, presentation, and interpersonal relations, in conjunction with technical accounting knowledge. In ACC 610, Financial Reporting I, your focus will be on developing skills in critical thinking and applying accounting theories and practices in accordance with Generally Accepted Accounting Principles (GAAP).

Creating of an accounting portfolio.

You will analyze situations in your case studies and communicate results to decision makers with an emphasis on assets and liabilities, measurement, and reporting. In this assignment, you will demonstrate your mastery of the following course outcomes: · Analyze the conceptual framework, standards, standard setting, and presentation of financial statements for ensuring compliance with Generally Accepted Accounting Principles · Differentiate between the Generally Accepted Accounting Principles and the International Financial Reporting Standards for their impact on financial statements · Analyze results of consolidated financial statements for informing internal and external users of financial statements·

Creating of an accounting portfolio.

Analyze financial statement accounts using assertions related to the recognition, measurement, valuation, calculation, presentation, and disclosure of financial information for their accuracy and reliability · Determine appropriate accounting treatments of business transactions, including adjusting entries, for their impact on the results of financial statements Prompt This course, ACC 610, is the first course in a Financial Reporting Series that includes ACC 610 and ACC 620. Throughout this series, you will apply the concepts you are learning using the financial data and business scenarios of a prominent retail company to develop a portfolio. You may choose from Walmart, Kroger, Amazon, Costco, The Home Depot, CVS Health Corporation and Target.

Creating of an accounting portfolio.

It is recommended you use the same company for both courses in the series. The portfolio deliverables for this course include a financial analysis paper, spreadsheets to address the questions posed in the paper, memorandums illustrating company communication, and a financial report. Specifically, the following critical elements must be addressed: I. Conceptual Framework: For this part of the assessment, you will prepare a financial analysis paper addressing various topics about your chosen company, supporting your answers and claims with quantitative data where applicable. You will need to research your chosen company and obtain its latest audited financial statements (information that is available to the public online) in order to answer the following:

Creating of an accounting portfolio.

A. Explain how the conceptual framework and accounting standards apply to your company. B. Analyze the information within the disclosure statements for information that would interest the creditors of your company. What information would be important for someone in this role? Why is this information important to them? C. Analyze the information within the disclosure statements for information that would interest the investors of your company. What information would be important for someone in this role? Why is this information important to them? II. Analysis of Financial Statements: For this part of the assessment, you will continue your financial analysis paper.  https://youtu.be/kmw8OpGp2rM

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