ACC $620$ Module Three Presentation Guidelines and Rubric

Scenario

You are a financial accountant for Rocky Mountain Bicycle Manufacturing and are assisting a senior accountant for an upcoming presentation. Recently, the company hired external auditors to perform the annual financial statement audit. Your supervisor, the CFO, has asked you to review the issues the auditors identified and the company$$s balance sheet. The CFO has asked you to prepare a PowerPoint presentation for the board of directors audit committee meeting. The CFO has asked you to focus your presentation on the errors in the financial statements and changes in the application of accounting principles, their impact, and the next steps for reporting errors and making corrections.

The skills practiced in this presentation will help to support your work in Project One, where you will report errors and changes in the application of accounting principles and methods.

Directions

Using the template provided in the What to Submit section, create a PowerPoint presentation that describes the errors and changes in the application of accounting principles, the impact of the changes and errors, and next steps for reporting and correcting errors.

Specifically, you must address the following rubric criteria:

Describe the errors identified in the financial statements.

Explain the impact the errors have on the company$$s financial statements.

Describe the changes in accounting principles in the scenario.

Explain the impact of the changes in accounting principles in the scenario.

Summarize the next steps for reporting errors and changes correctly in the scenario. Include the following in your response:

Error correctionIdentification of required disclosures

What to Submit

Submit your $7-$slide Microsoft PowerPoint presentation with all the required sections by completing the Module Three Presentation Template. Sources should be cited according to APA style.

Supporting Materials

The following resources support your work on the project:

Resource: Rocky Mountain Bicycle Manufacturing Balance Sheet

This Excel spreadsheet provides the balance sheet of the organization in the scenario.

Resource: Rocky Mountain Bicycle Manufacturing Auditing Issues

This Word document outlines the issues the external auditor identified in the organization$$s financial statements.