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

  Explain how much is deductible

Steve, who is single, has $100,000 of salary, $10,000 of income from a limited partnership and a $25,000 passive loss from a real estate rental activity in which he actively participates.

  Assignment on business financing and the capital structure

Business Financing and the Capital Structure

  Visit the godiva web site and describe some of the features

read want to buy chocolate online? try godiva.com on page 10 of the textbook and answer the following questions1.

  Discuss the relationship between creativity and innovation

Discuss the relationship between creativity and innovation. Analyze the three main approaches to innovation and entrepreneurship and determine the one that you believe is most effective

  How was a successor chosen

Describe the circumstances in which this manager was replaced. What led to this person being replaced, and how was a successor chosen?

  Illustrate what will your audiences attitude probably

Illustrate what will your audience's attitude probably be toward your message? Will the reaction be uniform, or will it vary? Illustrate what three media would you use to communicate with your audience?

  What are the three major monetary policy tools of the fed

What are the three major monetary policy tools of the Fed?

  Question about motivation theoriesapplying motivation

question about motivation theoriesapplying motivation theories to a fictitious organization. this fictitious

  Ross has created which ownership interests

Out of the kindness of his heart, he transfers a piece of real property to his church, "for as long as the property is used for church purposes." Ross has created which of the following ownership interests?

  Construction entered into contract to build family addition

The agreement provided which the contractor would be penalized $2,000 as liquidated damages for each day which the project was late in getting finished

  Research and select two professional journal articles that

research and select two professional journal articles that directly relate to team building or improving team

  Direct taxpayer action affected state tax policy

How has direct taxpayer action affected state tax policy?

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