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American-based companies are required to adhere to U.S. GAAP (Generally Accepted Accounting Principles), however, as commerce moves toward a global marketplace other countries have adopted IFRS (International Financial Reporting Standards). As you complete your college degree and enter your career field (or further your current career) it's a guarantee you will be involved with IFRS. REQUIRED: What's the big deal? How will YOU be affected in the next 4 years? When researching your answer, please be sure to include your references in your post.
how are the u.s. gaap and ifrs different in accounting for research and development costs? which do you think is better
helene and pauline are twin sisters who live in louisiana and mississippi respectively helene is married to frank and
madison thorne works in a public accounting firm and hopes to eventually be a partner. the management of allnet company
It is futher estimated that the home delivery use of the trucks would be allocated 45% of the existing $6,500 fixed vehicle costs. What is the differential delivery cost per month for expanding into the home delivery market?
You are considering a five-year lease of office space for R&D personnel. Once signed, the lease cannot be canceled. It would commit your firm to six annual $100,000 payments, with the first payment due immediately.
Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $8,288. The FICA tax rate for social security is 6.2% and the FICA tax rate for Medicare is 1.45%.
Sara is a single tax payer with taxable income of$52,000. If the tax tables had 10% tax on the first $8,000 oftaxable income, 15% on income above $8,000 but less than 34,000,and 25% on income over $34,000 What is Sara's average tax rate?
What are the behavioural advantages and potential disadvantages that could arised from responsbility accounting and how the disadvantages can be overcome by company.
Prepare a journal entry for carlton company sells office equipment on sept.2007, for $21,000 cash. the office equipment originally cost $72,000 and as of Jan.1 2007 had accumulated deprication of $42,000. Depreciation for the first 9 months of 200..
Manufacturing overhead is applied to jobs on the basis of direct labor costs using a predetermined overhead rate. The actual manufacturing overhead cost for the year was $172,000.
a company has total fixed costs of 210000 and a contribution margin ratio of 30. how much sales are necessary to break
at year-end december 31 chan company estimates its bad debts as 0.30 of its annual credit sales of 753000. chan records
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