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Product Description
Overview : The final project for this course is the creation of a portfolio consisting of a report , spreadsheets , and a PowerPoint presentation . You will be placed in a real-world scenario in which you will take the role of an associate in a certified public accountant ( CPA ) firm . The CPA partners in the scenario would like to help you grow within the firm by getting you more contact with some of the larger clients . You will address questions from one of the firm ’ s most influential and growing clients by assembling and presenting the necessary information in report and presentation format . Your presentation should include spreadsheet examples . Topics addressed in the portfolio will cover partnership formation , bankruptcy , and acquisition of another company ( which may be international ).
Your three milestone assignments will consist of shorter reports and supporting spreadsheets , which will prepare you for completing a comprehensive report , spreadsheets , and a presentation . You should use your instructor ’ s feedback from the milestone submissions to improve your final report , spreadsheets , and presentation
Prompt : In Milestone One , you will complete a report covering Section I and Part A of Section II of the final project . In the report you will discuss the key issues of partnership , such as formation , splitting profits / losses , dissolution , and a cash distribution schedules . You will also discuss the issue of bankruptcy , both voluntary and forced , as well as liquidation
Specifically , the following critical elements must be addressed :
I . Partnership : The company is considering forming a partnership and wants to be sure it understands the key issues regarding partnership formation , income distribution , and liquidation .