ACCT 504 Acc,Fin,Managerial Use and Analysis Devry

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

Ratio’s

·         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