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ACC 440 Week 5 Complete
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DQ1.What is a consolidated statement of cash flows? How is a consolidated statement of cash flows different from a traditional, single-entity statement of cash flows?
DQ2.How are consolidated earnings per share calculations different from traditional single-entity earnings per share calculations? How are rights, warrants, and options of subsidiary companies treated in the computation of consolidated earnings per share? What effect does the presence of a non-controlling interest have on the computation of consolidated earnings per share?
Individual Assignment - Ch. 5 & 10 Textbook Exercises
Resources: Ch. 5 & 10 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 5 & 10 of the text:
• E5-13: Consolidation after One Year of Ownership
• P5-32: Consolidation Workpaper at End of First Year of Ownership
• C10-1: The Effect of Security Type on Earnings per Share
Note. To research this assignment, search the Financial Accounting Standards Board documents in the Accounting – Accounting & Tax tab located in the ProQuest Accounting and Tax database, under the Company Directories and Financials link on the University Library homepage.
Learning Team Assignment - Ch. 6 & 10 Textbook Exercises
Resources: Ch. 6 & 10 of Advanced Financial Accounting
Prepare solutions to the following exercises from Ch. 6 & 10 of the text:
• E6-11: Upstream Sale of Equipment in Prior Period
• E10-5: Preparation of Statement of Cash Flows
• E10-6: Direct Method Cash Flow Statement
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