ACCT 556 RANK Extraordinary Success/acct556rank.com ACCT 556 RANK Extraordinary Success/acct556rank.c | Page 9

ACCT 556 Week 7 Course Project (Fanciful Inc) FOR MORE CLASSES VISIT www.acct556rank.com ACCT 556 Week 7 Course Project =================================================== ACCT 556 Week 7 Course Project Fantastic Inc FOR MORE CLASSES VISIT www.acct556rank.com ACCT 556 Week 7 Course Project Fantastic Inc Fantastic, Inc. is a case study which allows you to incorporate numerous financial and managerial accounting concepts into a single business setting. You will take the position of the company controller who will prepare the budget for the year ended December 31, 2006, using the actual data from 2001 through 2005 and information given to you by various departments. You will prepare a report for the president of the company describing the strengths and weakness of the corporation as well as to provide suggestions for the future. In short, you will be responsible for the planning and control procedures for the company from an accounting standpoint. In order to focus on important accounting concepts, certain simplifications are necessary to make this case manageable. The