Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help with Part C 10/16/2020 Student Assignment | LCS Learning Platform CLC Project - Assignment 2 My Group Group Forum This is a

I need help with Part C

image text in transcribed
10/16/2020 Student Assignment | LCS Learning Platform CLC Project - Assignment 2 My Group Group Forum This is a Collaborative Learning Community (CLC) assignment. Project Assignment 2 This is a continuation of the CLC project. Continue to use the same companies for each student chosen in the Project Assignment 1. Refer to the Collaborative Learning Community Project Overview in the Course Materials for further information. Items for Analysis: Criteria for Requirement 2, Part 2 Submission (Choose item C or D). C. Review your company's investments on the balance sheet. Explain the details of the investments based on the amounts and disclosures found in the financial statements. What FASB Codification? information does the investment section, along with applicable notes to the financial statements, provide to the user? How does each company comply with the rules as provided in the D. Review your company's revenue recognition note in the notes to the financial statements. Explain the details of the revenue recognition policies and procedures based on the disclosures found in the financial statements. How does this information help the user of the financial statements understand when and why revenue is recognized? How does each company comply with the rules as provided in the FASB Codification? Project Requirements Prepare a comparative paper using the companies your team members analyzed. Refer to CLC Project Assignment 1 if you need to review the assignment criteria and expectations. The second portion of the assignment submission should include: . Body of the paper consisting of a comparative analysis of Item C or D for each company as well as an application of the FASB Codification to "prove" the items are reported properly by your project companies. The discussion for each company should be approximately 250 words. For example, if there are four students per group, the total for all four companies would be 1,000 words Consider incorporating faculty feedback from the first assignment to improve the quality of the submission of this section. General Requirements Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required. A cover page is not required. Refer to CLC Project 2 Scoring Guide prior to beginning the assignment to become familiar with the expectations for successful completion. You are not required to submit this assignment to LopesWrite. - Attachments- CLC Project - Assignment 2 Scoring Guide. docx Attempt Start Date: 12-Oct-2020 at 12:00:00 AM Due Date: 18-Oct-2020 at 11:59:59 PM Maximum Points: 20.0 Peer Review Points: 0.00 (0.0%) 0 Files BROWSE FROM MY COMPUTER Show SUBMIT ASSIGNMENT https://Ims-ugrad.gcu.edu/learningPlatform/user/users.Ic?operation=loggedIn&token=Hvtfaz%2fN2IZM81/1XrRKCaddlUjtoYLAe5tMhl%2f0vRo5vimvOn... 2/3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Stats Data And Models

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

4th Edition

321986490, 978-0321989970, 032198997X, 978-0321986498

Students also viewed these Accounting questions