Book is Principles of accounting and that is where parts 1 and 2 should be done
Part 3 will be typed
Introduction
Projects reinforces the real-world experience of working with others and strengthens your understanding of concept application through collaboration. This integrative project will assist you in identifying and engaging those skills necessary to accomplishing a common objective.
Instructions
- Complete Parts I, II, and III of the project.
- Prepare in CengageNOW a Financial Statement Analysis – Part I: Ratio & Horizontal Analysis.
- Complete the Mastery Problem on Financial Statement Analysis.
- Perform liquidity, solvency, and profitability measures.
- Prepare the company’s balance sheet.
- Prepare the horizontal analysis for the given company’s income statement.
- Prepare in CengageNOW an analysis of Cost Classifications – Part II: Managerial Accounting.
- Evaluate the differences between managerial and financial accounting.
- Perform a cost classification.
- Determine cost account balances.
- Prepare a written response to the Ethical Case – Part III: Budgetary Pressure and Ethics.
- Complete the 4 requirements.
- Make sure to illustrate an understanding of how the facts were misrepresented, the matching principle was violated, and the difference between expensing and capitalizing.
- Reference the IMA’s Statement of Ethical Professional Practice.
- Include a minimum of 2 scripture verses.
- Use proper APA formatting, including title page, citations, and reference page.
- Complete Parts I & II in CengageNOW and upload a word document for Part III by the end of Unit 6.
Assessment Criteria
| Assessed Item | Points |
| Part I: Ratio & Horizontal Analysis | 40* |
| Part II: Managerial Accounting | 40* |
| Part III: Budgetary Pressure and Ethics | 40* |
| Total Points | 120* |
*These points will be assessed and assigned in Unit 6.
