Professional Assignment

Professional Assignment

Introduce material here… Remember, each professional assignment must have the headings listed below and must be answered according to assignment instructions; each heading is worth a percentage of each case grade and this is how your work should be submitted. Your audience is someone like your roommate – intelligent, educated, but has NO IDEA what the case study is about. You do not want to copy-and-paste the case, but put forth a brief summary so your reader knows what is going on.

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This section is generally one paragraph. The easiest way to explain this section is to think of it like an abstract or introduction. If written properly, this section can actually serve as the abstract for the paper. It will, in a sense, set up the rest of the paper, which is the review of the case, analysis, recommendations, and the summary and conclusions sections. Remember that you obtained this information from the textbook. Consequently, you should cite Franklin, Graybeal, and Dixon (2019). You should NOT write According to the textbook as your reader has NO IDEA who or what is that. Do remember to take notes as you read through the case study information so that you are prepared to complete this report.

Accrual versus Estimate

In this section, you will briefly describe what you will cover. It should only take a few sentences. This section will answer the mandate, “Using the text, search for the term’s “accrual” and “estimate.” Familiarize yourself with these terms. Discuss three examples of accruals and three examples of estimates, and why these concepts of accounting mean that “profit” does NOT equal cash.” Make sure you always include enough text to form a complete paragraph before moving to the next section. A good way to accomplish this is to include supporting information after your initial thoughts, then follow that with an explanation of how the information supports your thoughts. Always remember to correctly identify your supporting information as a paraphrase or direct quotation, and then properly cite and reference that information.

Accrual

Text starts here..  You will address Discuss three examples of accruals, and why these concepts of accounting mean that “profit” does NOT equal cash. Make sure you always include enough text to form a complete paragraph before moving to the next section.

Estimate

Text starts here. You will address Discuss three examples of estimates, and why these concepts of accounting mean that “profit” does NOT equal cash. Make sure you always include enough text to form a complete paragraph before moving to the next section.

Revenue Recognition

In this section you will provide answers to “Why is revenue recognition important to understanding cash flow in a business.” Make sure you read the entire item first, and really think about it before responding. Be sure to support the content with the course text and outside research. Remember to cite the sources whenever you paraphrase information or use a direct quote.

Starbucks 10-k

In this section you will answer the mandate of “search through the document looking for the search term ‘revenue recognition.’ Connect what you find to your response in part a – describe what you have learned about how they recognize revenue and how that impacts their cash flow.” Make sure you read the entire item first, and really think about it before responding.  Be sure to support the content with the course text and outside research. Remember to cite the sources whenever you paraphrase information or use a direct quote.

Summary and Conclusions

This section will tie together all sources used for this professional assignment, conclusions drawn from the readings, and any inconsistencies. This section will generally be one to two paragraphs. Notice the paper has a continuous flow; there are no page breaks between sections. The only page breaks occur between the title page and the introduction, and between the summary or conclusions and the reference page. Note: If there is a header at the bottom of the page )on the last line), you will need to insert a page break immediately before the header to properly move it to the next page with its text. All references for the assignment must appear on a separate page (see the following page for an example). Best practice is to always have at least 2 peer-reviewed or academic references (including assigned readings), along with your textbook.

 

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