ACC 317 is SNHU’s Intermediate Accounting I course. It centers on financial reporting under GAAP: the conceptual framework, the income statement, comprehensive income and discontinued operations, the balance sheet and statement of cash flows, revenue recognition under ASC 606, receivables and credit losses, inventory measurement, international standards and the time value of money. Every module below opens a full sample paper or takes a free request for one; searches like "acc 317 module 3", "ACC317 sample paper" and "ACC 317 milestone example" land on this page.
What ACC 317 is really about
ACC 317 is SNHU's first intermediate accounting course, and it moves from recording transactions to choosing how to report them. Strong work states the standard or principle that applies, shows the calculation in a schedule a reviewer could check and explains the judgment behind any estimate. Graders give real weight to the reasoning: a correct number reached for the wrong reason, or presented without the line of the standard that requires it, earns less than students expect.
The samples on this shelf share one composite company, a family-controlled hot tub manufacturer in eastern Tennessee that sells through about 140 dealers and directly to hotels and resorts. It sold its swim spa line during the year, carries a large inventory of acrylic shells and parts, and extends credit to dealers of very different strength, which gives every module a realistic reporting question. The company and its figures are illustrative.
What ACC 317’s modules ask for
Across eight modules, ACC 317 typically asks for a discussion of the conceptual framework, an income statement assignment, a balance sheet and cash flow assignment, a first project analyzing revenue recognition, a receivables assignment, a discussion comparing GAAP and IFRS, a second project on inventory and an assignment applying the time value of money. Most assignments combine schedules or statements with a short written explanation.
Where students lose points in ACC 317
The most common ACC 317 deduction is a statement that is arithmetically right but misclassified: a gain in revenue, discontinued operations shown gross of tax or a noncash item left in the cash flow statement. The second is an estimate without support, such as an allowance or a warranty accrual with no basis given. Graders also mark down revenue analyses that skip one of the five steps and inventory papers that ignore the conformity rule or lower of cost and net realizable value. Citing the standard and showing each schedule fixes most of these.
The ACC 317 drawers
ACC 317 Module 1 Discussion example
An opening post set at a composite Tennessee hot tub manufacturer that finds a defect in a batch of heater boards three weeks after year end, while the statements are still being prepared; the sales director wants the warranty estimate left as it is, and the post works through relevance, materiality, faithful representation and neutrality to decide what the statements should show, with the FASB conceptual framework, Kieso and colleagues and Dechow and Dichev. Full sample paper, read it free.
ACC 317 Module 2 Income Statement Assignment example
An income statement assignment for a composite Tennessee hot tub manufacturer that sold its swim spa line in midyear: a multi-step income statement, discontinued operations reported net of tax below continuing operations, earnings per share split by source, other comprehensive income from available-for-sale debt securities and a Canadian subsidiary, and the judgment that made the swim spa sale a strategic shift, with Kieso and colleagues, Dechow and the FASB conceptual framework. Full sample paper, read it free.
ACC 317 Module 3 Balance Sheet and Cash Flow Assignment example
A balance sheet and cash flow assignment for a composite Tennessee hot tub manufacturer: a classified balance sheet at year end, a statement of cash flows by the indirect method that adds back depreciation and the swim spa disposal loss and subtracts an equipment gain, investing flows including the sale proceeds, financing flows, a tie-out to the change in cash, and what operating cash of $2.9 million against net income of $3.8 million says, with Kieso and colleagues, Dechow and Sloan. Full sample paper, read it free.
ACC 317 Module 4 Project One example
Project One applies the five steps of ASC 606 to a composite Tennessee hot tub manufacturer's contract with a mountain resort for 24 tubs, installation, three years of maintenance, a water-care app subscription and an early-delivery bonus: identifying the contract and its distinct performance obligations, estimating variable consideration, allocating the price by standalone selling prices, timing revenue and the year-end contract liability, with the FASB update, Kieso and colleagues and Napier and Stadler. Full sample paper, read it free.
ACC 317 Module 5 Receivables Assignment example
A receivables assignment for a composite Tennessee hot tub manufacturer's dealer accounts: an aging schedule with loss rates, a forward-looking adjustment for a struggling Gulf Coast dealer group under the current expected credit loss model, the year-end entry that brings the allowance from $145,000 to $400,000, a write-off and recovery, and a factoring offer from the bank with its journal entry and cost, with the FASB update, Kieso and colleagues and Jackson and Liu. Full sample paper, read it free.
ACC 317 Module 6 Discussion example
A discussion post in which a composite Tennessee hot tub manufacturer, approached by a German acquirer that reports under IFRS, asks what its statements would look like in the buyer's hands: inventory write-down reversals, the ban on LIFO, development costs, and why evidence on whether IFRS improves accounting quality is mixed, with Barth, Landsman and Lang, Hail, Leuz and Wysocki and Kieso and colleagues. Full sample paper, read it free.
ACC 317 Module 7 Project Two example
Project Two analyzes inventory at a composite Tennessee hot tub manufacturer: cost of goods sold and ending inventory for acrylic shells under FIFO and periodic LIFO, the LIFO reserve and tax effect, the LIFO conformity rule, a lower of cost and net realizable value write-down on 38 discontinued tubs, the effect of each choice on ratios and covenants, and a recommendation to stay on FIFO, with Kieso and colleagues, the FASB inventory update and Guenther and Trombley. Full sample paper, read it free.
ACC 317 Module 8 Time Value of Money Assignment example
A time value of money assignment set at a composite Tennessee hot tub manufacturer: valuing a resort's non-interest-bearing $180,000 note at a 7 percent imputed rate with an amortization table, the annual deposit needed to fund a $2 million plant expansion in five years, and whether to pay a supplier $500,000 now or $140,000 a year for four years, with Kieso and colleagues, FASB Concepts Statement No. 7 and Graham and Harvey. Full sample paper, read it free.
Your classroom shows something else?
Southern New Hampshire University revises courses; module counts and deliverables shift between terms. Send what your classroom shows and the desk matches it exactly.
Using a ACC 317 sample the right way
Read an ACC 317 sample by checking each schedule against the statement it feeds, then reading the sentence that explains the judgment. If you can find the standard behind every classification, the sample is doing what the course grades. Use the layout and reasoning, not the figures, since your problems will use different data. For ACC 317, send the problem, the instructions and the rubric, and the first custom sample comes back free within 24-48h.
ACC 317 questions, answered
Is ACC 317 harder than financial accounting?
It is more detailed and relies more on judgment. Financial accounting teaches how to record and summarize transactions; ACC 317 asks how GAAP requires them to be measured, classified and disclosed.
Which textbook is used in ACC 317?
Many sections use Kieso, Weygandt and Warfield's Intermediate Accounting, but editions vary. Check your syllabus for the current text.
Do ACC 317 assignments require citing the accounting standards?
Many do, especially projects. Citing the relevant ASC topic or FASB concept for each judgment strengthens the analysis even when not strictly required.