ACCT Term Project

ACCT

Term Project

This assignment is a part of the class requirements. It shall be completed and posted on or before the deadline, ad posted on Canvas for cass discussion. Your tasks are: a. prepare your paper and post it on the discussion board on Canvas, b. review and present your comment on at least one other student's paper. Your first comment should be on a paper which has not been commented yet.

In this paper, you should demonstrate your understanding of your chosen topic and how it applies to a company. You should explain it clearly and demonstrate that you have adequately considered applying that topic for your chosen company. Use tables and graphs to make your points and present them professionally.

Follow these three steps to prepare your paper:

A. Choose one topic from the list below:

1. Cost per unit analysis using direct material, direct labor and verhead allocation (plant-wide and activity-based costing)

2. Special order cost-profit analysis

3. Outsourcing (incremental analysis)

4. Monthly production cost reporting and analysis.

5. Break-even point analysis (single product and multi-product)

6. Pricing strategies using target profit and cost-plus strategies

7. Operating budget analysis (sales and cost budgets).

B. Choose one company from the list below:

1. Apple

2. Meta

3. Nvidia

4. Advanced Micro Devices

5. Draf King

6. Oracle

7. Texas Instruments

8. Snap Inc

9. Microsoft

10. Tesla

11. Amazon

12. Home Depot

13. Shevron

14. United Health

15. IBM

 Post your topic-company combination on Canvas to own it. If the topic-company combination is already taken, you should choose another combination. YOU MUST HAVE A UNIQUE TOPIC-COMPANY COMBINATION. Duplicate topic-company combinations will not be considered for grading.

C. Prepare your paper based on the following format using APA style (about 4-5 pages, excluding the cover page, table of contents, and references page):

Page one: Cover page

Page two: Table of content

Then, present the following:

Part 1. Introduction to your chosen topic.

Part 2. A complete literature review for your topic using academic research presented on ABI/Inform database using library website or Google Scholar. You should research and find the major and relevant academic papers and summarize them each in a couple of paragraphs. This part should include the following sub-parts:

2.a. Theory and background of the topic

2.b. Application of the topic to the practice or various cases.

2.c. New emerging issues in the literature about this topic.

2.d. new AI applications for the topic.

Part 2. Introduction to your chosen company, its product/services, and its market share.

Part 3. How does your chosen topic apply to your chosen company? How the company has been applying the topic in their business and financial statements based on the public data that you can find on the internet.

Part 4. Identify the accounting standard number of the US accounting standard (FASB) and international accounting standard (IFRS) for your topic and present a summary. 

Part 5. Read the related part of the company's most recent annual financial statements posted as 10-K on SEC.gov. (or other sources), and provide a summary of what the company has reported for your chosen topic.

Part 6. Explain how the company can improve its financial disclosure and presentation for your topic.

Part 7. Compute the most common financial ratios related to your topic for the chosen company (at least two) and present your comments.

Part 8. Provide a summary of how this case study helps you understand better your chosen topic and what suggestions you have for better application of your topic for your chosen company.

Part 9. List your references based on APA format.

Topic Companies

• Amazon / operating budget analysis

• Outsourcing (incremental analysis) / Apple

• Microsoft-pricing strategies using target profit and cost plus strategies

• Operating budget analysis / Home Depot

• Special order cost-profit analysis/ Nvidia

• Tesla - Monthly production cost reporting and analysis

• Monthly production cost reporting and analysis-Oracle

• Operating Budget Analysis (Sales and Budget Cost)/ Apple

• Apple - Monthly production cost reporting and analysis.

• Tesla-Operating Budget Analysis

• IBM - Operating budget analysis (sales and cost budgets).

• United Health -Operating budget analysis (sales and cost budgets).

• IBM - Special Order Cost-Profit Analysis

• Home Depot: Pricing Strategies (Target profit & Cost plus)