PART I: Debating Current Accounting Issues
OBJECTIVE: The purpose of this assignment is to expose the student to a current accounting issue and be prepared to take a side in a debate concerning this issue.
Decide whether you want to argue “in favor” or argue “against. Present your argument cogently, using whatever background information from a reliable online source you need to support your argument.
Debate: Whether management should continue to have different accounting alternatives or there should be a narrowing of alternatives available.
PART II:Technology Stock
REQUIRED:
1) For the “technology” stock you selected at the beginning of the semester, provide an update of the stock price history through the last week of the semester. Compare to the broader indexes over the same time period (since SEPTEMBER1, 2023) and discuss how your company performed as compared to the markets. Use more than one index to compare.
2) Review the quarterly earnings which were released during the semester for your company and summarize the quarter’s performance versus last year (minimum 2-3 paragraphs).
3) Based on the limited knowledge you have about this company, give this stock a buy, sell or hold recommendation. Compare with the analysts’ opinions for this company if possible. Discuss as fully as possible, using whatever information you can obtain to support your opinion.