Differences between united state gaap and ifrs

Assignment Help Accounting Basics
Reference no: EM131000406

1.Identify any differences between U.S. GAAP and IFRS when applying the lower-of-cost-or-market rule to inventory valuation. 

Reference no: EM131000406

Questions Cloud

Name the major threat to internal validity : The Solow growth model predicts that the GDP per capita of countries with similar technology and savings behaviour will converge over time. To test this theory a researcher examines the growth of G7 countries, fails to reject convergence, and conclud..
Why did you estimate the modulus to be as you drew it : On the same stress-strain curve, using a dashed line, please construct the stress strain curve for the AA 2024 material that had been subjected to the 50% cold work. Explain the following: Why did you estimate the modulus to be as you drew it
Problem regarding the new capital structure : Assume that converting to the 25% debt-to-equity ratio does not significantly increase Shadow Corp.'s probability of bankruptcy. Should Shadow Corp. convert to the new capital structure? Explain.
Production possibilities frontier : The shape of Russia’s production possibilities frontier (PPF) should reflect the fact that as Russia produces more camcorders and fewer cars, the opportunity cost of producing each additional camcorder
Differences between united state gaap and ifrs : Identify any differences between U.S. GAAP and IFRS when applying the lower-of-cost-or-market rule to inventory valuation.
What happens to guitar strings turning that change frequency : What happens to guitar strings turning that changes the frequency of the vibrations? Explain how it works? which physical parameter of a guitar string must the player change to get various tones?
Schematic representation of the organization of the economy : In the circular-flow diagram, the schematic representation of the organization of the economy.
What is the force of q3 on q1 in the y direction : Three charges are located as shown in the figure, with values q1 = 4.3 x 10^-16 C, q2 = -1.7 x 10^-16 C, q3 = 5 x 10^-16 C. The charges are separated by d1 =2.4x 10^-6m and d2 = 1.4x10-6m. What is the force of q2 on q1 in the x direction, Fx? Give ..
Operating leverage and business risk : Which operating structure has greater operating leverage and business risk? Explain. If HKOPEN projects sales of 20,000 units, which operating structure is recommended? Discuss.

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