BUSN 542 MBA FOUNDATIONS I
Summer 2013

Each three hour class is comprised of two sessions. In the first class we completed:
Session 7 – Current & Contingent Liabilities
Session 8 – Operating Assets

Homework:
Session 7: Georgia’s Salon
Session 8: Moe Corporation

Extra Problems (practice only – no credit)
Session 7: N/A
Session 8: N/A

Homework should be emailed to me at brackettjk@yahoo.com before the next accounting class. Any homework not received by the next accounting class will not be counted or included in your final grade.

I have also included a link to supplemental reading material relevant to each session. Please email me with any questions.

Session 7 – Current & Contingent Liabilities
The Importance of Corporate Internal Control
http://risk-management.bestmanagementarticles.com/a-11413-the-importance-of-corporate-internal-control.aspx

Internal Control Systems
http://www.enotes.com/business-finance-encyclopedia/internal-control-systems

Liabilities
http://www.middlecity.com/ch10.shtml

Session 8 – Operating Assets
Capital Assets and Depreciation
http://taxguide.completetax.com/text/Q14_2900.asp

Plant Assets and Depreciation
http://www.middlecity.com/ch09.shtml

Additional Resources (Online Resources):
Middlecity Accounting Tutorials
Investopedia.com
Beginnersinvest.about.com
Accountingcoach.com

Session 8 – Operating Assets
Capital Assets and Depreciation
http://taxguide.completetax.com/text/Q14_2900.asp

Plant Assets and Depreciation
http://www.middlecity.com/ch09.shtml

Additional Resources (Online Resources):
Middlecity Accounting Tutorials
Investopedia.com
Beginnersinvest.about.com
Accountingcoach.com
ssion 8: N/A

Homework should be emailed to me at brackettjk@yahoo.com before the next accounting class. Any homework not received by the next accounting class will not be counted or included in your final grade.

I have also included a link to…