financial accounting

MBA 503 Milestone Three Guidelines and Rubric For this assignment, due in Module Eight, you will submit the Rules of Financial Reporting component of your financial analysis (Critical Element IV). In this milestone, you will consider the following governmental and GAAP reporting requirements for what is mandated that Starbucks include in its financial statements: Why is the reporting of control procedures required, and what information is disclosed about Starbucks’ control procedures? Why is the reporting of segment information required, and what information is disclosed about Starbucks’ segment information? Why is the reporting of estimates and assumptions required, and what information is disclosed about Starbucks’ reporting of estimates and assumptions? Why is the reporting of investments and fair value required, and what information is disclosed about Starbucks’ investments and fair value reporting? And last: Why is the reporting of leases required, and what information is disclosed about Starbucks’ lease structure? Justify your response to each question. Specifically, the following critical elements must be addressed:

A. Why is the reporting of control procedures required, and what information is disclosed about Starbucks’ control procedures? Justify your response. B. Why is the reporting of segment information required, and what information is disclosed about Starbucks’ segment information? Justify your response. C. Why is the reporting of estimates and assumptions required, and what information is disclosed about Starbucks’ reporting of estimates and assumptions?

Justify your response. D. Why is the reporting of investments and fair value required, and what information is disclosed about Starbucks’ investments and fair value reporting?

Justify your response. E. Why is the reporting of leases required, and what information is disclosed about Starbucks’ lease structure? Justify your response.

Guidelines for Submission: Milestone Three should adhere to the following formatting requirements: 2–3 pages (not including cover page or appendix), double- spaced, using 12-point Times New Roman font and the most current guidelines for APA formatting. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions.

Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value

Rules: Control Procedures

Determines why reporting of control procedures is required and what information is disclosed, justifying response

Determines why reporting of control procedures is required and what information is disclosed, justifying response, but determination contains inaccuracies or justification is lacking in logic or key details

Does not determine why reporting of control procedures is required and what information is disclosed, justifying response

17

Rules: Segment Information

Determines why reporting of segment information is required and what information is disclosed, justifying response

Determines why reporting of segment information is required and what information is disclosed, justifying response, but determination contains inaccuracies or justification is lacking in logic or key details

Does not determine why reporting of segment information is required and what information is disclosed, justifying response

17

Rules: Estimates Determines why reporting of estimates and assumptions is required and what information is disclosed, justifying response

Determines why reporting of estimates and assumptions is required and what information is disclosed, justifying response, but determination contains inaccuracies or justification is lacking in logic or key details

Does not determine why reporting of estimates and assumptions is required and what information is disclosed, justifying response

17

Rules: Investments and Fair Value

Determines why reporting of investments and fair value is required and what information is disclosed, justifying response

Determines why reporting of investments and fair value is required and what information is disclosed, justifying response, but determination contains inaccuracies or justification is lacking in logic or key details

Does not determine why reporting of investments and fair value is required and what information is disclosed, justifying response

17

Rules: Leases Determines why reporting of leases is required and what information is disclosed, justifying response

Determines why reporting of leases is required and what information is disclosed, justifying response, but determination contains inaccuracies or justification is lacking in logic or key details

Does not determine why reporting of leases is required and what information is disclosed, justifying response

17

Articulation of Response

Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main idea

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas

15

Total 100%