Construct two reasons for the us gaap treatmen

Assignment Help Accounting Basics
Reference no: EM132686332

According to your course text, some investors such as Warren Buffet have contended that the U.S. GAAP treatment undervalued the parent's investment carrying value for post-control step acquisitions.

Problem 1: Construct one argument in which you provide at least two reasons for the U.S. GAAP treatment of reporting additional investments in subsidiaries when the parent previously established control. Determine the main characteristics of a variable interest entity (VIE). Evaluate the usefulness to investors of the inclusion of VIEs in the company's consolidated financial statements. Provide support for your rationale. Respond to at least one other student.

Reference no: EM132686332

Questions Cloud

Find what is the estimated cost of the ending inventory : At May 31, Sunland Company has net sales of $400,000, What is the estimated cost of the ending inventory, assuming the gross profit rate is 35%.
How much does she need to borrow to purchase the yacht : On December 31, Beth Klemkosky bought a yacht for $70,000 and paid $20,000 down, how much does she need to borrow to purchase the yacht
Why did you choose networking troubleshooting approach : Why did you choose this networking troubleshooting approach? Take your networking troubleshooting approach, and apply it to the issue you chose.
Urinary presentation : Renin-angiotensin-aldosterone system (RAAS) and its effect on blood pressure
Construct two reasons for the us gaap treatmen : Construct one argument in which you provide at least two reasons for the U.S. GAAP treatment of reporting additional investments in subsidiaries
Relational stages-communication skills : Students will be able to illustrate communication skills in the stages of relationship development.
Review problem based on the cloud computing : In 500 words or more, consider this statement: For cloud computing to become multi-jurisdictional, it must be separated from politics.
What is the amount of ending inventory at lower-of-cost : What is the amount of ending inventory at lower-of-cost-or-net realizable value? The net realizable value at year-end was cameras $74, Blu-ray players $66
Prepare the journal entry to record mills investment : Prepare the journal entry to record Mills' investment in the bonds on July 1, 2018 and interest on December 31, 2018, at the effective (market) rate

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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