Analyze accounting situations to apply the proper accounting rules
and make recommendations to ensure compliance with generally
accepted accounting principles.
Analyze business situations to determine the appropriateness of
decision making in terms of professional standards and ethics
Use technology and information resources to research issues in
accounting.
Analyze business situations and apply advanced federal taxation
concepts.
Write clearly and concisely about accounting using proper writing
mechanics.
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ACC 499 Week 1 DQ 1 Operating and Capital Leases and
DQ 2 Leasing Restatements
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Week 1 Discussion 1
Operating and Capital Leases" Please respond to the following:
From the e-Activity, analyze the results of the proposed changes to
lease accounting on operating and capital leases. Identifying how the
right-of-use model will impact financial reporting, indicate how
companies are likely to manage the change in reporting.
Discuss recommendations you would make to chief financial officers
(CFOs) of retailers, service providers, and other businesses that lease
several locations or have substantial leases of real estate or other
assets. Indicate the pros and cons of each approach.
Week 1 Discussion 2