Accounting 3

Discussion

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Select 2 companies in the same industry (for example, the home improvement industry or the candy industry). Use the Internet to find the companies' financial statements. From the financial statements, list the different components from the Stockholder's Equity section. Read the footnotes to the financial statements to see what they disclose about their Stockholder's Equity section. Which parts do they have in common? Is there anything about their Stockholder's Equity that is distinctive to the business? Share with the class what you have found.

Project 3

The organization that you work for has been thinking about implementing an ERP system. They have asked you to prepare a summary of this topic. Research the subject of ERP implementations to determine what problems and issues companies have encountered while implementing this kind of system.

• How have employees handled a change to an ERP system?
• What are some advantages and disadvantages of ERP?
• Will an ERP system help or hinder internal control?

Using the library, the Internet, and other resources, research this topic. Prepare a presentation on ERP for a board of directors meeting.

The presentation should be 3-6 slides, not including the title or references. All references must be cited using proper APA format.