Noncurrent Assets Pages Develop A 34 Page Traini

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Noncurrent Assets Pages Develop A 34 Page Traini

OVERVIEW: Develop a training manual (3-4 pages) to ensure new hires have a solid understanding of income statements, balance sheets, and the elements that go into them. Refer to the scoring guide attached for guidance.

RESOURCES:

  • U.S. Securities and Exchange Commission (SEC) website.
  • Marshall, D., McManus, W., & Viele, D. (2017). Accounting: What the numbers mean (11th ed.). New York, NY: McGraw-Hill Education. Available from the bookstore.
    • The following chapters cover financial statement basics:
    • Chapter 5, “Accounting for and Presentation of Current Assets,” pages 134–165.
    • Chapter 6, “Accounting for and Presentation of Property, Plant, and Equipment and Other Noncurrent Assets,” pages 182–213.
    • Chapter 7, “Accounting for and Presentation of Liabilities,” pages 228–255.

INSTRUCTIONS: Use a firm or scenario of your choosing. Before choosing a company, read the assessment thoroughly to ensure:

  • The company fits the assessment requirements.
  • You have access to the financial statement’s summary of significant accounting policies and the Note disclosures from which you are drawing your materials. Include this information in the appendix for reference.
  • You can distribute the data without disclosing confidential company information.
  • Training Materials

As you prepare your training materials use the examples you collected from the company’s Notes to financial documents to illustrate how you address the following items:

Explain how one or more of the following costs are captured:

  • Advertising.
  • Store opening. If store opening costs were capitalized, over what time period would you amortize them? Explain why you selected this time period.
  • Website development.
  • Analyze the importance of Notes to financial statements in interpreting financial statements.
  • Explain how the accounting method the company uses affects the financial statements.
  • Explain how the financial statements would differ if another method were used to capture the costs.
  • If you have a preference for capitalizing or expensing these costs, explain why it is your preference.

Deliverable Format

Leadership has asked that you develop either a training deck or a training manual that you will use with John and that can be deployed with other new hires as well. Regardless of the format selected, the information should address the points identified above and with detailed explanations within the notes areas of slides or within the training manual text. It will also be helpful to include information in regard to why each item is important to the organization as well as the success of the new district manager.

To use your time and John’s time wisely, be conscientious about providing thorough yet concise information. These materials are expected to be used by others for future training needs, so make sure they are well organized and clear.

Training materials requirements:

  • 3–4 pages for a training manual.
  • Related company standards.
  • The training manual is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs.
  • Title page.
  • References page.
  • Appendix with supporting materials. If you are using a firm or scenario of your choosing, ensure faculty has sufficient information to understand how you reached your recommendation.
  • At least two APA-formatted references