Which two do you feel are the most difficult to reconcile

Assignment Help Operation Management
Reference no: EM131394363



1.) This week we learned about the differences between IFRS and US GAAP.

Using BOTH the FASB codification and the IFRS standards research these differences.

Pick one of the topics (inventory, PPE, developmental costs, impairment losses etc.)

Tell us how you would handle the accounting if you were choosing the methodology to use.

Tell us your reasoning and use the standards to support your position.

Try to pick a topic not already covered in the class discussions.

Do not forget to show your source in APA format.

Use the web address www.ifrs.org to access the website. Use the 'search this site' at the top of the page to look for the IAS you need to access.

2.) We have discussed many differences between U.S. GAAP and IFRS related to the recognition and measurement of assets. Among these differences, which two do you feel are the most difficult to reconcile and why? Be specific in your answer and provide examples.

3.) IFRS has a more "principles based" approach to standard setting, while U.S. GAAP is considered more "rules based." Which approach do you believe produces the most truthful financial statements? Use revenue recognition as an example and give key points on each side of the argument.

Do not forget to include proper APA formatting.

Reference no: EM131394363

Transaction marketing paradigm containing concepts

Authors have argued for that there has been a paradigm shift from the (traditional) transaction marketing paradigm containing concepts such as e.g. the marketing mix - to a re

Nuclear fallout shelter

NUCLEAR FALLOUT SHELTER You are trapped in a fallout shelter with the members of your Ethics in Management group. The instruments in the shelter indicate that it will not be s

Solution to product delay problems facing this organization

Suppose you are a consultant invited to propose a solution to the product delay problems facing this organization. What would you recommend, particularly regarding power dynam

Understand achilleus response to the embassy

How do you understand Achilleus response to the embassy? What does this response indicate about Achilleus?what does it indicate about his relationship to the Greek army?

What type ventilation system would you recommend

You have a production area where ten welders are producing small parts using MIG welding on mild steel for eight hours each day. There is a general "haze" visibly present, whi

Define an x-bar and r chart or an x bar and s chart

So the instructions should read to choose between either an X-Bar and R chart or an X Bar and s chart. The fundamental question that you want to address is how to know when

What unique challenges do research and development

critical thinking questions: what unique challenges do research and development labs provide for KM implementation? What is the benefit of MITRE's evolutionary approach to K

What assumptions about consumer behavior you see reflected

Activia website, what assumptions about consumer behavior you see reflected in that website. Look at the site for the United States and another country; what differences do


Write a Review

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