Discuss similarity and difference between us gaap and ifrs

Assignment Help Accounting Basics
Reference no: EM131105347

Discuss the major similarities and differences between U.S. GAAP and IFRS. Which of the differences do you find most interesting? If there is a convergence between U.S. GAAP and IFRS, would you choose the U.S. GAAP or IFRS method? Why?

Reference no: EM131105347

Questions Cloud

Experience using google maps api : Start by looking at word document named "notes" in folder, describing the sequence of five map web pages. The five maps.html links in the folder are for the example google map web pages that are described in the text. Each example web page will open ..
Which type of business structure would be the worst : Gomez would hate to lose all that she has personally accumulated to date in the event of a successful lawsuit against her. She is considering a sole proprietorship, a partnership, or a corporation as the organizing structure of her new venture. Wh..
What is the best choice of kt for period : What is the best choice of kt for period t = 4?(b) What is the best choice of kt for period t - 3?(c) From these, can you iterate and find the best choice of kt for t = 1?
Evaluate a company financial strength : There are different angles to evaluate a company's financial strength. We discussed liquidity, efficiency and solvency ratios.
Discuss similarity and difference between us gaap and ifrs : Discuss the major similarities and differences between U.S. GAAP and IFRS. Which of the differences do you find most interesting? If there is a convergence between U.S. GAAP and IFRS.
What amount should fara report in its 2010 statement : What amount should Fara report in its 2010 statement of cash flows for redemption of bonds payable?
Find the normalized aperture reactance required for critical : find the normalized aperture reactance required for critical coupling.
What amount should wood report as dividend income : In addition, Wood received a 5% common stock dividend from Arlo when the quoted market price of Arlo's common stock was $10 per share. What amount should Wood report as dividend income in its 2010 income statement?
What is the resonant frequency : What is the resonant frequency?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Income statement presentation of the gain on the sale

The focus of this case is the income statement presentation of the gain on the sale of the timber tracts.

  The ticket packages will be sold for 225 each and the ski

george plans to sell his customers a special for a ski package weekend. he is able to purchase the package from the

  Describe organizational behavior

Please describe Organizational Behavior (OB) AND 2-3 of the interdisciplinary areas that have strong ties to OB.

  Pair of parallel disk electrodes under a voltage

Oil breakdown voltage. An insulating oil was tested between a pair of parallel disk electrodes under a voltage that increased linearly with time. The oil breakdown voltage was measured 60 times each, with two sizes of electrodes.

  Freeman company uses a predetermined overhead rate based on

freeman company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs.

  Two planes take off at the same exact moment they are

two planes take off at the same exact moment. they are flying across the atlantic. one leaves new york and is flying to

  Yield-to-maturity of the bond

A refrigerator manufacturer, Zero King, issued a zero coupon bond with 10 years to maturity. What is the yield-to-maturity of this bond if it is sold for $352?

  Describes the purpose of a budget

Question 1. What best describes the purpose of a budget?

  Pascals wager what makes a belief rational is it evidence

pascals wager what makes a belief rational? is it evidence or something else? what is pascals position on belief

  Presented below is financial information for two different

presented below is financial information for two different companies. instructions a determine the missing amounts.

  Define strategic planning and explain

Strategic Planning Process. In your own words, define strategic planning and explain why it is crucial to an organization's survival. In your response, include a description of how strategic planning differs from strategic management. Lastly, expl..

  A company estimates that overhead costs for the next year

a company estimates that overhead costs for the next year will be 8268000 for indirect labor and 161600 for factory

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