Discuss the difference between gaap and ifrs

Assignment Help Business Management
Reference no: EM131093277

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: EM131093277

Questions Cloud

Find the moment of inertia : MOMENT OF INERTIA Q1.Find the moment of inertia of given figure about centroidal axes. IXX=12848.98mm4,IYY=13343.72mm4
What is the intended purpose of the federal gift tax : What is the intended purpose of the Federal gift tax? Hilda, a U.S. citizen, has established her residence in Costa Rica in order to avoid the U.S. estate tax. Comment on the value of Hilda's planning.
Information concerning a capital budgeting project : The expected life of the project and the equipment is 3 years and the equipment has zero salvage value. The company uses straight-line depreciation on all equipment and the depreciation expense on the equipment would be $150,000 per year.
How much should ramesh save each year : Ramesh requires Rs 100,000 at the end of 5 years so he decides to keep certain equal amount out of his income at the end of each year in his bank account. The bank pays an interest of 8% per annum. How much should Ramesh save each year?
Discuss the 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.
Evaluate the logarithm using the change-of-base formula : Solve the exponential equation algebraically. Approximate the resulte to three decimal places. e5x = ex2-14
Compute the worth of the initial deposit : At the end of five years, how much is the initial deposit of Rs 25,000 worth if the compounding annual rate is 10%. Also compute the worth of the initial deposit if the interest is compounded semiannually and quarterly.
Estimate of the stock current value : Management's forecast of the future dividend stream, along with the forecasted growth rates, is shown below. Assuming a required return of 11.00%, what is your estimate of the stock's current value?
Determine the spectrum x(?) : Show that the spectrum in part (b) is simply the Fourier transform of x(2n).

Reviews

Write a Review

 

Business Management Questions & Answers

  Specific differentiation as well as integration mechanisms

Why then is it important for you early in your career to understand the structure and the specific differentiation as well as integration mechanisms of the organization you work in

  Identify three issues that such a team might address

Explain why such a team is likely to be collaborative. Identify three issues that such a team might address, and explain why those issues would need feedback and iteration.

  Illustrate what are indolent rights

Indolent demanded which Collins either account for this advance in the value of both stocks or replace the stocks. Illustrate what are Indolent's rights.

  Predict the success of the supermarket''s slogan

Propose two or three effective ways the company can use customer complaint information to improve their service. Explain why these actions would be effective.

  Introduction to economicsin this activity you will need to

introduction to economicsin this activity you will need to go to the realtor.com website. follow the instructions for

  Different forms of alternative dispute resolution

Explain the origins of the U.S. judicial system and how the judicial system fits into society -- including business. Differentiate the federal court structure from your state's court structure. Discuss the concept of judicial review. Describe the dif..

  Develop a market assessment for the business

Develop a 1,050- to 1,400-word Marketing Plan for the business you have chosen. Address the following in your paper:

  Explain identify three states that have more generous

Explain identify three states that have more generous residence or personal property exemptions than are offered under the US Bankruptcy Code

  Characterize business environment

How would you characterize business environment? Explain, with examples, the difference between general and specific environment.

  Include the reasons why issues you discuss are significant

Critically analyse the topic. Include the reasons why the issues you discuss are significant.   By attempting to answer in the essay you will develop your argument and the central idea.

  Define maximize the value of the selected shipment

The load master for a freighter wants to determine the mix of cargo to be carried on the next trip. The ship's volume limit for cargo is 100,000 cubic meters, and its weight capacity is 2,310 tons. The master has five different types of cargo from..

  Define a trade secret and other protectable business informa

Define a trade secret and other protectable business information and articulate the various legal implications for misappropriation of that information.

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