Acc 460 Uop Course Complete Week 5

ACC 460 UOP Course Complete Week 5
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Week 5
Individual Ch. 12 Textbook Exercises
Resources: Ch. 12 of Government and Not-for-Profit Accounting
Prepare written answers to the following assignment from Government and Not-for-Profit Accounting:

Ch. 12: Questions for Review and Discussion 1 & 2
Individual SFAS 116 and 117 Executive Summary
Resources: Statements of Financial Accounting Standards (SFAS) 116 and 117; sample Executive Summary

Write a one-page Executive Summary assessing the requirements of SFAS 116 and 117 and its effect on the financial statements.

Refer to the sample Executive Summary located on the student website under the Assessment section of Week Five for instructions on how to format your assignment.

Format your paper consistent with APA guidelines.
Individual Accountability in Reporting Memo
Write a one-page, double-spaced memo to a nonfinancial audience explaining how increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities.

Cite all of your sources
Learning Team Ch. 9 & 11 Textbook Problems
Resources: Ch. 9 & 11 of Government and Not-for-Profit Accounting
Prepare written answers to the following problems from Government and Not-for-Profit Accounting:

• Ch. 9: Continuing Problems 1–6, found at the beginning of the Problems section at the end of the chapter. For this assignment, use the CAFR your team selected in Week Two.

Ch. 11: Continuing Problems 1–6, found at the beginning of the Problems section at the end of the chapter. For this assignment, use the CAFR your team selected in Week Two.
         
Discussion Questions

DQ 1 What is a performance audit? In what significant ways do performance audits differ from financial audits?
DQ 2 How do audits of governmental agencies differ from those of not-for-profit entities? How are these audits...