a. Book Review: Book review is due by Sunday night of the eighth week.
1) Book Review: Please read the following book and submit your discussion on the following - What does Thomas A. King mean by "Accounting is more than a numbers Game"? Your writing should be minimum 1,000 words and maximum 2,000 words.
- More than numbers game. Thomas A. King, 2006.
2) Book Review: Please read the following article and submit your discussion on the following -What implications does this article provide to you as an accountant? Your writing should be minimum 500 words and maximum 1,000 words.
"Ch 14. SOX", in More than numbers game. Thomas A. King, 2006. The length of paper is 2 pages minimum, 5 pages maximum.
b. Research paper:
Consider the principles, assumptions and constrain. of Generally Accepted Accounting Principles (GAAP) on Revenue Recognition.
1) Define the revenue recognition principle and explain why it is important to users of financial statements.
2) GAAP rules related to revenue recognition.
3) Explanation of Revenue Recognition rules using an example.
4) In Enron's bankruptcy, "Revenue Recognition" was one of the major issues. Discuss the revenue recognition issue in Enron Bankruptcy and explain what rules have been violated.
- The length of the research paper is minimum 4 pages and maximum 6 pages. Each student is required to submit his/her research paper by Sunday night of the sixteenth week.