ACG 4111-- WRITING PROJECT AND PRESENTATION

PROJECT INFORMATION:

You will be using EDGAR (http://www.sec.gov/edgar.shtml) andthe FASB codification system toresearch a company's financial statements and to research a proposed accounting standard for the current or prior year(liability and equity-type transactions only).Youwill be creating financial accounting information andcommenting on the proposal you selected as it applies to the company you selected.

COURSE OBJECTIVES COVERED:1-4

PROJECT REQUIREMENTS:

This project is split into four (4) parts with one (1) part due each week of the course. Based on your readings, use of technology, research of literature, and other sources do the following:

• Part 1-Find a proposed standard from the current or prior year that is related to this course(liability and equity-type transactions only)in the FASB Codification system.Preparea 2-3 pagesummaryof the FASB proposal highlighting what changed, why, andthe potentialimpacton the financialstatements and disclosures
• Part 2-Find a company's financial statements, using the EDGAR database.Use Excel tocreate an applicable supporting schedule and financial statement(s) that wouldprovide an example of the application of the proposedstandard you selected for the company you selected.Ex. if the standard you found included a differentmethod to recognize revenue you wouldcreate a worksheetusing thatproposed change to revenue recognition and then show how that change wouldaffected the financialstatementsof the companyyouselected from EDGAR.
• Part 3-Prepare a 2-3 page analysis discussing if youthinkthis FASB proposal is a good idea now that you have seen the impact on the financial statementsor if you think there is a potential for misleading financial statements as a resultof this proposal.
• Part 4-Present your project to the class for discussion

WRITING REQUIREMENTS:

The report should be should be 4-5 pages in total(not including cover page, abstract, or references) for the entire project, which is split intoseveral weeks.

Include the Excel spreadsheet(s) as exhibits in your paper

Include a minimum of2 scholarly sources from the KU Library, EDGAR resource andFASB proposed standard.

oAll sources used are to be cited in APA format

oPlease use the writing center if needed