Difference between gaap and ifrs

Assignment Help Business Management
Reference no: EM131092121

Discuss the difference between GAAP and IFRS as they pertain to component depreciation, fair value of long lived assets, research and development, and revaluation of intangible assets. How did GAAP converge with IFRS on the issue of accounting for exchanges of nonmonetary assets?

Reference no: EM131092121

Questions Cloud

Is it same thing that causes your friends and family stress : What causes you stress? Is it the same thing that causes your friends and family stress? Stressors are highly personal and can vary widely between individuals. For example, in 2001, Marc Prensky divided the world into two groups: digital natives a..
Withdraw funds from the account : He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end?
Interest rate would you earn : Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $4,000. What interest rate would you earn if you bought this bond at the offer..
Good method for projecting : What assumption is made when you use Linear Regression for projecting next year's sales? Do you think this is a good method for projecting next year's sales - explain?
Difference between gaap and ifrs : Discuss the difference between GAAP and IFRS as they pertain to component depreciation, fair value of long lived assets, research and development, and revaluation of intangible assets.
Ability to cut employee benefit costs : As HR director at Crangle Fixtures, your bonus this year is based on your ability to cut employee benefit costs. Your boss has said that it's okay to shift some of the costs over to employees
Understanding and knowledge of the points : Summarize the key points in the selected article.  You need to show an in-depth understanding and knowledge of the points made by the author in relationship to Performance Appraisals. Do you agree or disagree with the points made by the author?  E..
What the data indicates and the significance of the results : How has he done on improving his diet?  Is he going to lose weight?
Primary advantages of diversity in the workforce : 1. What are the primary advantages of diversity in the workforce? Be specific with a summary of each one. 2. Explain the three (3) main reasons for conducting performance appraisals.

Reviews

Write a Review

Business Management Questions & Answers

  Identify current legislation impacting unions

Identify current legislation impacting unions and where you see them going in the future. Your opinion/experience with either or both of these environments. Discuss positive employee relations strategies and non-monetary rewards.

  In order to be successful leaders must openly and clearly

in order to be successful leaders must openly and clearly communicate the organizations policies and procedures must

  What is the variance in a union and non-union organization

What is the variance in a union and non-union organization? What are the advantages as well as disadvantages of each organization type

  Analyzing operations facilitiesgiven the following

analyzing operations facilitiesgiven the following companies boeing airliner manufacturer and dell computer computer

  Describing the issues that fall under that area

Create a SWOT analysis for Intel. Your analysis should bebetween one to two pages, and identify the company's strengths, weaknesses, opportunities, and threats. Use MicrosoftWord and create four sections for your paper using the SWOT categories as yo..

  Gregg entrepreneur is organizing a small company to manufact

Gregg Entrepreneur is organizing a small company to manufacture a new biotechnology product. Entrepreneur will be a principal shareholder and president of the company.

  Motivational strategies and theories in workplace

Motivational strategies and theories in workplace - Prepare a response examining how various motivational strategies affect productivity in a selected workplace-your own or one with which you are very familiar.

  Descriptive writing and grammar review

Read the "The Secret Power of Things We Hold Dear" (2007) by Sherry Turkle (search for this online or in the EBSCO database). Read Writing Elements: A Quick Guide to Grammar and Usage (2012) by Goss and Goss (find this in this week's readings or in ..

  The mail to perpetuate a fraudulent scheme

In the Mail (United States v. Cohen)Are you convinced that Thriftway was using the mail to perpetuate a fraudulent scheme? What was the underlying scheme, and why was it illegal

  Concepts in participative managementone of the relatively

concepts in participative managementone of the relatively new concepts in management is participative management. have

  Output of the typical firm is decreasing while industry

output of the typical firm is decreasing while industry output is increasing. how?if economic profits exist in an

  Compare and contrast how is building values for organization

Students will interview a CLO (or research the role of a CLO.) Be prepared to compare and contrast how he or she is building value for his or her organization to the guidelines prescribed by Elkeles and Phillips.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd