Reference no: EM132314739

Senior Capstone: Business - Professional Development Project: PD Seminars and Community Networking

OBJECTIVES -

When you complete this professional-development assignment, you'll be able to

• Explain the benefits of professional-development activities.
• Evaluate the professional-development potential of specific workshops, conferences, seminars, and professional business meetings.
• Plan for and arrange to attend professional-development events.
• Present your reflections on the value of professional-development activities.

Your Professional Development Sessions Essays -

You must complete one essay for each PD event you attend. Essays will be graded according to the guidelines provided. Essays that don't meet minimum criteria may, at the instructor's discretion, be returned to the student for revision. Note: Read the project submission instructions at the end of this book before beginning your session essays. Each essay should be well written and should describe your activity and present your opinion on the applicability of your new knowledge and PD experience. Each PD experience will be unique, depending on your interests, expectations, and results.

Make sure you answer the following questions:

• What were the educational benefits of the PD experience?
• Did you meet people who work in your area of interest? If so, how do you plan to stay in contact with them?
• Were you able to use your education and prior course-work experiences to identify any theoretical or methodological strengths or weaknesses in the materials presented for your PD experience?
• How will you apply the PD experience to your future professional goals and objectives?

Case 1: Purchase Point Media Corporation (PPMC)

INTRODUCTION - This case is based on actual financial projections developed and provided by a publicly traded firm, Purchase Point Media Corporation (PPMC). Carefully examine the PPMC projections, which are presented in a sequence and format suitable for break-even calculation and analysis. After you calculate the break-even point, use additional, publicly available information to come to a decision with respect to market potential.

The increase in the price per share of PPMC stock suggests that, over time, the market may have reacted to their results and analyses, using a comparable methodology.

OBJECTIVES - When you complete this case, you'll be able to

• Identify discernable errors, irregularities, and improprieties in style and format within publicly reported data.
• Meet financial statement presentation requirements for a specific "real world" example.
• Determine whether financial information provided follows generally accepted accounting principles (GAAP) or is presented in "good form".
• Distinguish between the substance and form of financial statements.
• Estimate variable and fixed costs for a publicly traded company.
• Assess publicly disseminated information from publicly traded companies to determine the feasibility of market potential and market penetration.
• Exercise enhanced critical-thinking skills.

PROJECT REQUIREMENTS - The project requires three steps to be presented.

Step 1 - Identify Form and Substance Errors.

Step 2 - Compute the Purchase Point Media (PPMC) break-even points in terms of carts and stores.

Step 3 - Determine the number of grocery stores for various food chains.

In one Word document, provide individual sections for each Step.

Case 2: Motomart

INTRODUCTION - The Motomart case is designed to supplement your Managerial/ Cost Accounting textbook coverage of cost behavior and variable costing using real-world cost data and an auto-industry- accepted cost driver. Unlike textbook problems, this data is real. It won't necessarily produce a clear solution when you attempt to analyze cost behavior and apply scatter-plot, high-low, and regression methods to separate mixed costs into their fixed and variable components. This case also illustrates that Financial Accounting decisions and methods can have an influence on Cost Accounting and Managerial applications and decisions.

OBJECTIVES - When you complete this case, you'll be able to

• Explain the importance of accrual accounting and proper application of the matching principle for the computation of contribution margins and break-even points.
• Apply knowledge of generally accepted accounting principles (GAAP) to a specific real-world example.
• Integrate statistical analyses and scatter plots, line graphs, and regression to determine the reliability of financial information prepared for external use.
• Use analytical review procedures to examine a firm's financial statements.
• Apply critical-thinking skills to real-world business circumstances.

REQUIREMENTS - The project requires five steps to be presented.

Step 1 - Provide comments on a 5 year Income Statement.

Step 2 - Discuss patterns in expense items.

Step 3 - Identify High/Low activity levels.

Step 4 - Compute cost equations.

Step 5 - Summarize your findings.

In one Word document, provide individual sections for each Step.

Attachment:- Assignment Files.rar