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FASB Codification Case

Access the FASB Codification and prepare responses to the following questions, providing Codification references to support your answers.
Access the glossary and give the definitions for:Firm fixed-price contract
Amortized cost
Impairment

Are there SEC documents as a part of this Codification? If yes, where are they located?
Do all firms need to follow this SEC guidance? If not, which companies do not have to follow this SEC guidance?

Discussion question – week 6

Hello, I have uploaded a document called “Discussion question – week 6” Please read the discussion question and the response to the discussion question then write a reply on what you think about each of the responses to the discussion question.

There are two responses each for the discussion question. Please answer them individually. for example discussion question #1 there is a response “1. This is the response to the discussion question#1” and “2. This is the response to the discussion question#1”

– please answer them separately and don’t combine the points. so there should be two replies in total to the discussion question.

– It should be your opinion on what you think about the response. (eg. do you agree or disagree with the response and why)

– Please do not use any outside source for this assignment. (eg websites, pdf reading, extra research) It should be in your own words.

ACC-345 Week 2 Discussion

Accounting Assignment Help Start the discussion by identifying your selected company name, stock
ticker, and industry, and giving a brief description of the company. In
addition, select an item from your company’s balance sheet, identify its
valuation policies, and explain whether or not you think it’s the most
appropriate option. Justify your answer with credible sources and clear
argument.

Managerial Accounting..

Review the scenario and complete the activity that follows. This scenario can also be found in the “Problems – Series A” section 10-19A of Ch. 10, “Planning for Capital Investments” of Fundamental Managerial Accounting Concepts.
Dwight Donovan, the president of Donovan Enterprises, is considering 2 investment opportunities. Because of limited resources, he will be able to invest in only 1 of them.
Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of 4 years and no salvage value.
Project B supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $400,000 and for Project B are $160,000. The annual expected cash inflows are $126,000 for Project A and $52,800 for Project B.
Both investments are expected to provide cash flow benefits for the next 4 years. Donovan Enterprises’ desired rate of return is 8%. Your task as Senior Accountant is to use your knowledge of net present value and internal rate of return to identify the preferred method and best investment opportunity for the company and present your results to Dwight Donovan.
Use Excel®—showing all work and formulas—to compute the following:
The net present value of each project. Round your computations to 2 decimal points.
The approximate internal rate of return for each project. Round your rates to 6 decimal points.
Continue to Presentation tab for details.
Create an 8- to 10-slide presentation showing the comparison of the net present value approach with the internal rate of return approach that you calculated.
Complete the following in your presentation:
Analyze the results of the net present value calculations and the significance of these results, supported with examples.
Determine which project should be adopted based on the net present value approach and provide rationale for your decision.
Analyze the results of the internal rate of return calculation and the significance of these results, supported with examples.
Determine which project should be adopted based on the internal rate of return approach and provide rationale for your decision.
Determine the preferred method in the given circumstances and provide reasoning and details to support the method selected.
Synthesize results of analyses and computations to determine the best investment opportunity to recommend to the president of Donovan Enterprises and provide rationale for your recommendation.
Include detailed speaker notes.

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