ACC 499 ASSIST Great Stories /acc499assist.com ACC 499 ASSIST Great Stories /acc499assist.com | Page 22

The specific course learning outcomes associated with this
assignment are:
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.