ACC 405 is SNHU’s Advanced Accounting course. It centers on accounting for business combinations and consolidated groups: control and consolidation, the acquisition method and goodwill, the equity method, consolidation worksheets and noncontrolling interests, intercompany transactions, foreign currency translation, partnership accounting and governmental and not-for-profit reporting. Every module below opens a full sample paper or takes a free request for one; searches like "acc 405 module 3", "ACC405 sample paper" and "ACC 405 milestone example" land on this page.
What ACC 405 is really about
ACC 405 is SNHU's advanced accounting course, and its central skill is keeping two sets of books in view at once: what each company records on its own and what the group must report as a single economic entity. Strong work shows the acquisition-date allocation, carries every fair value adjustment through later years and explains each worksheet elimination in words, so that a reviewer can see why an entry exists and not only what it does. The arithmetic is unforgiving; one missed amortization line spoils every later total.
The samples on this shelf share one composite company, a family-controlled New Hampshire maker of maple syrup, candy and maple-sweetened foods that buys 80 percent of a Vermont sugarhouse with a farm store, takes a 30 percent stake in a maple sparkling water startup and owns a Quebec bottling subsidiary. Those relationships give each module a realistic group accounting problem, and the partnership and public-sector modules stay in the same maple country. The companies and figures are illustrative.
What ACC 405’s modules ask for
Across eight modules, ACC 405 typically asks for a discussion on control and consolidation, assignments on business combinations and the equity method, a first project preparing consolidated statements after an acquisition, an intercompany transactions assignment, a discussion on foreign currency, a second project on partnership accounting and an assignment on governmental and not-for-profit reporting. Most assignments are worksheets or schedules with a written explanation of each step.
Where students lose points in ACC 405
The most common ACC 405 deduction is a worksheet that eliminates the investment but forgets to carry fair value adjustments forward, so depreciation and amortization of the excess are missing and consolidated income is overstated. The second is mishandling the noncontrolling interest, especially with upstream intercompany profits. Graders also mark down translation work that puts the adjustment in income and partnership liquidations that pay partners before creditors. A clear allocation schedule at the start and a check that consolidated income equals parent income under the equity method fix most of these.
The ACC 405 drawers
ACC 405 Module 1 Discussion example
An opening post on three relationships at a composite New Hampshire maple products company: 80 percent of a Vermont sugarhouse, 30 percent of a maple sparkling water startup and a long-term supply contract with a sugarmakers' cooperative, sorted by the voting interest and variable interest models into consolidate, equity method and neither, with why control rather than ownership decides and how off-balance-sheet structures tested the rules, drawing on the FASB noncontrolling interest standard, Hoyle and colleagues and Feng, Gramlich and Gupta. Full sample paper, read it free.
ACC 405 Module 2 Business Combination Assignment example
A business combination assignment in which a composite New Hampshire maple company pays $4.8 million for 80 percent of a Vermont sugarhouse: the acquisition method, the fair value of the noncontrolling interest, identifiable assets including a sugarbush, a customer list and a trade name measured at fair value, $1,090,000 of goodwill split between the parent and the noncontrolling interest, acquisition costs expensed and the acquisition-date consolidated balance, with the FASB business combinations standard, Hoyle and colleagues and Shalev, Zhang and Zhang. Full sample paper, read it free.
ACC 405 Module 3 Equity Method Assignment example
An equity method assignment for a composite New Hampshire maple company's 30 percent stake in a maple sparkling water startup: why significant influence applies, the $180,000 excess of cost over book value assigned to recipes and goodwill, equity income of $150,000 less $20,000 of amortization, dividends that reduce the investment, a $6,000 deferral of unrealized profit on syrup sold to the startup, the year-end investment of $994,000 and what the method shows and hides, with the APB equity method opinion, Hoyle and colleagues and Fischer, Tayler and Cheng. Full sample paper, read it free.
ACC 405 Module 4 Project One example
Project One consolidates a composite New Hampshire maple company and its 80 percent owned Vermont sugarhouse one year after acquisition: the parent's equity method entries, $175,000 of first-year excess amortization, the noncontrolling interest's $89,000 share of adjusted income, worksheet entries S, A, I, D and E with explanations, a consolidated income statement showing $2,535,000 of net income split between the parent and the noncontrolling interest, and the year-end noncontrolling interest of $1,209,000, with Hoyle and colleagues, the FASB noncontrolling interest standard and Fischer, Tayler and Cheng. Full sample paper, read it free.
ACC 405 Module 5 Intercompany Transactions Assignment example
An intercompany assignment for the second year of a composite New Hampshire maple group: $400,000 of syrup and bottles sold downstream to the 80 percent owned sugarhouse, $900,000 of bulk syrup sold upstream to the parent, a 40-acre sugarbush parcel sold at an $80,000 gain, the worksheet entries that remove $1,300,000 of intra-entity sales, $90,000 of unrealized inventory profit and the land gain, why only the upstream profit is shared with the noncontrolling interest, and how each deferral reverses, with Hoyle and colleagues, Fischer, Tayler and Cheng and the FASB noncontrolling interest standard. Full sample paper, read it free.
ACC 405 Module 6 Discussion example
A discussion post on a composite New Hampshire maple company's wholly owned Quebec bottler, whose Canadian dollar fell from 75 to 72 cents during the year: choosing the functional currency, translating with the current rate method to produce a $255,000 cumulative translation adjustment in other comprehensive income, how the answer would differ under remeasurement with gains and losses in income, and what research says about whether investors value the adjustment, with the FASB foreign currency standard, Louis and Hoyle and colleagues. Full sample paper, read it free.
ACC 405 Module 7 Project Two example
Project Two follows a composite New Hampshire sugarmakers' partnership through its life: three partners contributing cash, a sugarhouse with a mortgage and an evaporator, an income allocation with a salary, interest on capital and a 40-30-30 remainder, a fourth partner admitted under the bonus method for a 25 percent interest, and a liquidation after poor seasons in which one partner's deficit is absorbed by the others, with Hoyle and colleagues, Fischer, Tayler and Cheng and IRS Publication 541. Full sample paper, read it free.
ACC 405 Module 8 Governmental and Not-for-Profit Assignment example
A closing assignment on public-sector and nonprofit reporting in maple country: a composite New Hampshire town's general fund under modified accrual, with a property tax levy, a fire truck bought with bond proceeds and a special revenue fund for the maple festival, reconciled to the government-wide statements, and a maple producers' association reporting a restricted research grant, dues and donated expert services under the not-for-profit standard, with GASB Statement No. 34, the FASB not-for-profit update and Granof and colleagues. 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 405 sample the right way
Read an ACC 405 sample by starting with its allocation schedule and following each fair value adjustment through the later entries. If the consolidated net income attributable to the parent equals the parent's own income under the equity method, the worksheet is internally consistent. Use the structure, not the figures, for your own problems. For ACC 405, send the problem, the instructions and the rubric, and the first custom sample comes back free within 24-48h.
ACC 405 questions, answered
What topics does ACC 405 cover?
Business combinations, consolidations, the equity method, intercompany transactions, foreign currency, partnerships and governmental and not-for-profit accounting, depending on the section.
Why are consolidation worksheets so hard?
Because each elimination depends on earlier ones and on the acquisition-date allocation. Building the allocation schedule first and labeling every entry makes them manageable.
Is ACC 405 useful for the CPA exam?
Yes. Business combinations, consolidations, foreign currency and governmental accounting all appear on the exam, and practicing full worksheets builds the needed fluency.