Premium Essay

Media Summary

In:

Submitted By 1danandreas
Words 278
Pages 2
Media Summary II

Daniel Andreas

ACC/300

14 March 2016
September Foster

Media Summary II

In the week three materials for Accounting 300, one video was assigned for viewing by the students. Below is a summary of the videos.
Balancing the Books: Understanding Financial Reporting The “Balancing the Books” video is a short introduction to the accounting process of financial reporting. In this video a spinoff of who wants to be a millionaire is created in which the contestant is to answer accounting related questions. The video makes use of this trendy television show to keep interest, all while cutting to office scenarios the contestant experienced during his on the job training in order to “recall” the correct answers for the game show. This video emphasizes the four key components of the accounting process. According to the video, these four components are the balance sheet, calculating profits and loss, cash control, and assessing financial performance. The video also covers some topics such as accounting software and different types of businesses. Another topic covered is assessing financial performance through financial ratios using data from financial reports. The three main areas to analyze are profitability, efficiency, and liquidity. Profitability ratios covered were return on assets, return on owners’ investment ratio, the net profit margin ratio, and the gross profit margin. Efficiency was covered by discussing the inventory turnover ratio, and the debtors’ turnover ratio. Measures of liquidity were covered via the working capital ratio, the quick assets ratio, the cash flow ratio, and the interest covered ratio.
References
University of Phoenix. (2002). Balancing the Books: Understanding Financial Reporting. Retrieved from University of Phoenix, ACC/300 Principles of Accounting

Similar Documents

Premium Essay

The Myth Of The Liberal Media Summary

...After watching, “The Myth of Liberal Media: The Propaganda Model of News” and “The News Corporation and the Tabloid Business”, I was able to conclude that the media is not able to allow expression of opinion from whatever sources for numerous reasons. Allowing expression from different sources can cause a media business to fail. For example, if a media company release or aired a specific story that would offend one of their supporters, they might loose the support they receive from the sponsor. According to the video, “The Myth of the Liberal Media”, Journalist are the ones who control the media. However, I do not agree with that statement. I believe that if the media was being controlled by one sector the audiences would only be presented...

Words: 648 - Pages: 3

Premium Essay

Summary: Media Coverage Of Female Athletes

...When people look around it is not hard to recognize how much of an influence sports has on the world. It can be seen in ads, merchandise, television, articles, and radio. In these ads women are a exposed (in a positive manner) to the public as strong and sexy human beings, but have people wondered how much television representation female athletes actually get. Female athletes receive about 6-8 percent of media coverage ("Q and A: Media Coverage of Women's Sports," 2011), which is outrageously a small amount of media coverage. There are a numerous about of athletes that are female, who dominate their sports, that could compete or beat the male athletes. In September of 2015 ESPN (Entertainment and Sports Programming Network) conducted a...

Words: 282 - Pages: 2

Free Essay

Owl for Paper Formatting

...4/11/2016 Purdue OWL Welcome to the Purdue OWL This page is brought to you by the OWL at Purdue (https://owl.english.purdue.edu/). When printing this page, you must include the entire legal notice at bottom. Contributors:Elyssa Tardiff, Allen Brizee. Summary: This resource describes why outlines are useful, what types of outlines exist, suggestions for developing effective outlines, and how outlines can be used as an invention strategy for writing. Four Main Components for Effective Outlines Ideally, you should follow the four suggestions presented here to create an effective outline. When creating a topic outline, follow these two rules for capitalization: For first­level heads, present the information using all upper­case letters; and for secondary and tertiary items, use upper and lower­case letters. The examples are taken from the Sample Outline handout. Parallelism—How do I accomplish this? Each heading and subheading should preserve parallel structure. If the first heading is a verb, the second heading should be a verb. Example: I. CHOOSE DESIRED COLLEGES II. PREPARE APPLICATION ("Choose" and "Prepare" are both verbs. The present tense of the verb is usually the preferred form for an outline.) Coordination—How do I accomplish this? All the information contained in Heading 1 should have the same significance as the information contained in Heading 2. The same goes for the subheadings (which should be less significant than the headings)...

Words: 1193 - Pages: 5

Free Essay

Pd Coursework

...prepare an individual oral presentation. The Oral Presentation task will test your ability to communicate information in oral form supporting it with visual aids such as Power Point slides, posters, etc. The presentations will take place in TW 12-13 of semester one. Each presentation will last 5-6 minutes. It will consist of an introduction, the main body and a conclusion and will be followed by questions from the audience. You will be assessed on 1. quality of the content, 2. ability to structure the material, 3. interaction with the audience using body language and eye contact and dealing with questions appropriately 4. quality of visual aids. Prepare a presentation which is based on the topic “My personal learning from research on Mass Media in Uzbekistan” You need to follow the steps below: 1 Westminster International University in Tashkent, Academic year 2013-14, Semester 1 Before you start your preparation  think of skills you wish to develop during your research project  plan your actions to accomplish your goals While preparing for the presentation  keep a diary noting your accomplishments and failures, if any, during the research project  analyze the information which you have received  prepare a presentation using Power Point slides to present your...

Words: 1402 - Pages: 6

Premium Essay

Vbd Management

.... Introduction – You need to outline to your CEO the aim of report, the issue in focus (a quick summary from your brief), what management functions /theories are going to be covered, and how the issue is going to be addressed. 2. Defining and framing the Issue –You need to identify the underlying reasons why the issue has arisen in the first place (the ‘why’? question). As part of this, you will need to frame the issue in relation to the current practices with management functions (including supporting theory/theories) that may have contributed to the issue. You should include some consideration of any relevant environmental factors (internal/external) that may have influenced the issue. 3. Addressing the Issue – You need to show how you will address the underlying reasons that have contributed to the issue by outlining changes to the existing practices with the identified management functions (the ‘how’? question). Your arguments need to be supported with reference to theory/theories that endorse the new approach. 4. Conclusion – You need to provide a summary and evaluation of the key findings of the report. You may choose to identify some limitations and/or assumptions associated with the findings that reader of the report should be aware of. 5. Recommendations – You need to provide no less than two and no more than three recommendations on the courses of action that the business ‘should’ undertake. These recommendations should clearly and succinctly outline a suggested...

Words: 338 - Pages: 2

Free Essay

Mission Command

...results to be attained, not how they are to achieve them. CDRs use orders to provide direction and guidance that focus the forces activities on the achievement of the main objective, set priorities, allocate resources, and influence the situation. 6. Accept prudent risk – a deliberate exposure to potential injury or loss when the commander judges the outcome in terms of mission accomplishment as worth the cost. PRESENTATION OUTLINE / SLIDES A. Intro, purpose, references, procedure/outline 1. Greeting (poised and confident) 2. Purpose (BLUF) – relevant, focused, clear, concise, stating thesis 3. References (current and meaningful) 4. Procedure and outline, logical, posted or embedded throughout the brief B. Quick summary of events leading to battle. C. Analysis of mission command from one side of the battle – four of the 6 principles of mission command D. Quick description of the battles outcome on how the mission affected that outcome. E. Significance of this analysis. 1. Para B-E body of Mission Analysis paper 2....

Words: 421 - Pages: 2

Premium Essay

Koofers Notes: A Case Study

...The audio summary is a new product for the market. These is no direct competitor because we are the only audio summary in the market currently. However, the competitions are still existed since there are substitutes for our product. The substitutes include document summary and video review for textbooks. It is obvious that there are many different documental summary for textbooks in the market right now. For example, Koofers Notes is a website that allowed students to upload these course materials for others students, but the materials are delayed and unorganized. It has hundreds relative files for one course, and many of them are insignificant. It will take a great amount of time for students to find the information they want. In addition,...

Words: 329 - Pages: 2

Free Essay

Business Plan

...Consulting Case Memo -- Outline Executive Summary While this section appears first, it should actually be the last thing you write. * The executive summary should be no more than one page. * Executive summaries are not “introductions.” They do not provide background. * Everything discussed in the executive summary should be explained in greater detail in the body of the memo. * If the only thing someone reads is your executive summary, your reader should have a good understanding of the problem, your proposal, the most important cost(s), and the most important benefit(s). Problem Statement Identify the problem in business terms. State clearly why the owner, president, or CEO should care about addressing the problem you’ve identified. Proposed Solution Identify the one most important action the company or organization needs to take to address the problem. Be as specific as possible in describing your solution. Costs of the Proposal Be as inclusive as possible when thinking about costs. Consider things like opportunity costs and the impact of the proposed change on the organization’s culture in addition to the more obvious financial costs. Identify every possible objection to your proposal. Why hasn’t the company already taken this step? The quickest way to have your recommendation rejected is to hear an objection to which you must reply, “I hadn’t thought of that.” Benefits of the Proposal How will your specific proposal address the problem you’ve...

Words: 293 - Pages: 2

Premium Essay

Media Summary

...Media Summary University of Phoenix ACC/300 - PRINCIPLES OF ACCOUNTING Media Summary While starting week one I have to be honest I am a bit intimidated and overwhelmed at just the thought of “accounting”. I am not a fan and never have been. It not only has a lot to do with numbers but there are lots of rules and laws that need to be learned and the risk for not following the guidelines can be very harsh. There were several ways of learning the material in week one. The traditional way of course by reading the chapters and even though this provides lots of knowledge it can also become a bit overwhelming because although I am reading the material and taking in the information its not as easy as it would be if I was watching a video or seeing it in person for myself. That leads us to my second method of learning in our first week of class, which are the videos. I have to say the class discussions are great too because you can view other peoples opinion and takes on what they have learned but videos talk about the material while recapping, showing examples and you’re able to sit back and listen as oppose to reading and then comprehending what you just read. I have also learned that taking notes on what I am watching tends to help too. Creating an outline and recapping the information when the video goes over the summary of the information is a great resource to ensure you didn’t miss any important facts. In the videos we were also shown examples of actual companies and...

Words: 401 - Pages: 2

Free Essay

Acct601 Accounting Capstone - Term Paper Templates

...Author name [Pick the date] Include who you prepared the paper for, who prepared the paper, and date submitted. [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] Table of Contents 1. Executive Summary. 1 2. Introduction. 1 III. Review of Literature. 1 1. Analysis. 1 2. Recommendations. 1 3. Summary and Conclusions. 1 VII. Appendix x. 1 VIII. References. 1 List the main ideas and section of your paper and the pages in which they are located. The illustrations should be included separately. Make sure that you have page numbers in your paper and list the page number(s) in the table of contents for the page where the appropriate section starts. Helpful Notes: Prepare an outline of your paper before you go forward. The outline is due at the end of Week 5 – which is also the first draft of your paper. Complete a first draft and then go back to edit, evaluate, and make any changes required. You can use example like graphs, diagrams, photographs, flowcharts, maps, drawings, etc. to help clarify and support the written part of your report. I. Executive Summary Use a header titled with the name of your project. Explain what you found, how you researched your topic, and what you...

Words: 702 - Pages: 3

Free Essay

Happy

...3/17/14 Document- Letter of transmittal (one page = D) D- Table of contents D- Executive Summary Introduction (background & scope)+ Findings + Conclucluions (and/ or recommendations) + (+ IFC =D or more) D- References Letter of transmittal -Authorization (Dr Zlack) -Preview of report & conclusion -Goodwill closing Table of Contents __________ …… 2 ___________...... 3 Align the contents with the numbers correctly. That’s the hardest part. Executive Summary -An “abstract” of report (search academic abstract) Introduction -purpose (problem) *-scope & limitations -Preview of the report organization Scope= What we did do (in the research) Limitations= what we did not do (….) Rules for Graphs * Must be introduced in the text ( in the paragraphs) ----- as you can see from figure 5 see graph 3 * - must be title * must have a legend Speech- Delivery Eye Contact 1. Attention 2. Connection (rapport) 3. Credibility * 4. Confidence Don’t mention do not! Always say Didn’t shouldn’t wouldn’t etc. (catch someone lying) 1 look at everyone 2 Refrain from looking at things 3 Do not read Oral Communication Do’s 1 do have sufficient volume 2 Have a conversational pace 3 Do have vocal variety ( do not memorize) Don’ts 1 Don’t apologize 2 Don’t curse Nonverbal -Posture - Gesture -Attire * Professional or plain * No logos (accessories (limited) ) * No Hats ...

Words: 263 - Pages: 2

Premium Essay

D Department of Choice Chocolate

...Good and poor examples of executive summaries This is a GOOD example from an Accounting & Finance assignment. Footnote Executive Summary This report provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Outdoor Equipment Ltd. Methods of analysis include trend, horizontal and vertical analyses as well as ratios such as Debt, Current and Quick ratios. Other calculations include rates of return on Shareholders Equity and Total Assets and earnings per share to name a few. All calculations can be found in the appendices. Results of data analysed show that all ratios are below industry averages. In particular, comparative performance is poor in the areas of profit margins, liquidity, credit control, and inventory management. The report finds the prospects of the company in its current position are not positive. The major areas of weakness require further investigation and remedial action by management.Recommendations discussed include:  improving the average collection period for accounts receivable·   improving/increasing inventory turnover·   reducing prepayments and perhaps increasing inventory levels The report also investigates the fact that the analysis conducted has limitations. Some of the limitations include: forecasting figures are not provided nature and type of company is not known nor the current economic conditions data limitations as not enough information is provided or enough detail...

Words: 824 - Pages: 4

Free Essay

Paper for Success

...Executive Summary: Organizational Focus & Goals Derron Venerable University of Phoenix HRM/326 MARIBEL HINES September 15, 2014 Introduction The purpose of an Executive Summary is articulate a full report with the least amount of words possible depending on the size and nature of the issue. In most cases executive summaries serve as a report for executives who do not have the time to read the full report; therefore, the summary will give the executive the information that he or she needs to understand the objective, the issue(s), and the plan(s) in place to solve the issue(s). The following summary is focusing on an on-going overtime issue that one of the company’s branches is having. Focus and Goals The current focus at this particular location is to complete the daily task in the fastest most efficient safest way possible. The goals are to minimize or combine the current routes, run the routes from the closet point to the furthest and create a benchmark for each driver to attempt to meet in a safe but efficient manner. The research states that if the routes are done in a sequence form from the closet point to...

Words: 706 - Pages: 3

Free Essay

Management

...Executive Summary The purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read the complete document. Therefore, the executive summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract to decide whether to read the complete document. They read an executive summary to obtain information without having to read the report in full. The executive summary should be written as a document that can stand on its own and is usually written on one or two pages, depending on the length of the report. It restates the purpose of the report and describes any results, conclusions, or recommendations made in the report so that the reader understands the reasons for the conclusion or recommendations. Acronyms, symbols, and abbreviations must be written out. Tables and figures in the report should not be referred to by number in the executive summary. The audience for an executive summary is receptive to the message, so the writer should assume that the audience wants to know and understand the message. It is written in a formal tone using an impersonal style and eliminating first person pronouns (I, we, our, etc.). Use the following guidelines when writing an executive summary: • • • • • State clearly the purpose of the...

Words: 1022 - Pages: 5

Free Essay

Rubric

...RUBRIC FOR ASSIGNED CASE PRESENTATIONS AND PAPERS 1. Each student will be assigned a case from the end-of-chapter cases in the text book. You are required to submit a paper on the case and to engage in an in-class discussion with the professor about the case. 2. The cases in the textbook are what lawyers call squibs. The squibs are short summaries of the case and not the full court opinion about the case. You will be able to do an internet search under the name of the case and find the full court opinion, which will have much more information than the squib in the textbook. 3. Using the information in the full case opinion, you will be required to do the following a. (up to 25 points) Submit a paper of 500 to 750 words on the case. The paper must treat the following areas: - what are the facts of the case? - what is the law that applies in this situation? - what is the issue? That is a statement of how the law applies to the facts of the case - discussion - make an argument that supports a particular outcome in the case. NOTE – you do not have to agree with the court’s opinion. Feel free to come to a different conclusion that the court did, if you think the law and facts support you. - state your conclusion. b. (up to 25 points) Be prepared to engage in an in-class discussion with the professor about this case. You should be very familiar with the law and facts and should NOT be referring to the textbook, the case or your notes during this discussion. The discussion will...

Words: 2774 - Pages: 12