ACC 309 Milestone One Guidelines and Rubric Overview: For Milestone One, which is due in Module Three, you will develop a portion of the workbook and a brief memo to management explaining the impacts to stockholder equity and the impact of tax structures.You will build on this milestone in subsequent modules to create the balance sheet and executive summary portions of your final project.Prompt: First, review the Final Project Scenario document.
Using your review of the scenario, begin your workbook and discuss the impacts in your management brief, including impacts on stockholder equity and impacts based on changes to tax structure. Note: Milestone One is a draft of some of the critical elements of the final project. Specifically, the following critical elements must be
addressed:I.Workbook
A.Prepare adjusting entries for unrealized loss and tax issues. II.Management Brief
A.Identify sources of other comprehensive in come not included in net income.
B.Explain rationale for the inclusion as comprehensive income(as opposed to net income) of nondisclosure within notes.
C.Evaluate impacts of company goals and finances for their implications on stockholder equity, using financial information to support claims.
D.Evaluate impacts of company goals and finances for their implications on retained earnings per share, using financial information to support claims.
E.Explain the impact of issuing preferred stock or debt for determining changes to equity structures.
F.Assess the impact of changes to current tax structurefor articulating changes relevant to the company. Rubric Guidelines for Submission: