Solution-Do any aspects of that note appear unusual

Do any aspects of that note appear unusual

Assignment Help Accounting Basics

Reference no: EM131001143

1.British Airways, Plc. (BA), a U.K. company, prepares its financial statements according to International Financial Reporting Standards. BA's annual report for the year ended March 31, 2009, which includes financial statements and disclosure notes, is included with all new textbooks and can be found at www.britishairways.com. When answering questions, focus on BA's "Group" financial information (which is equivalent to "Consolidated" under U.S. GAAP).

Required:

Examine BA's note 23, dealing with trade receivables. Do any aspects of that note appear unusual to you from the perspective of U.S. GAAP? Explain.

Reference no: EM131001143

Questions Cloud

Explain your definition and the effects of hate speech : Explain your definition and the effects of hate speech or indecent content on children (ages 7-17) and on adults (18 +). Discuss your agreement or disagreement with making hate speech a crime

Discuss what the part of the model of the market : Your first paragraph should discuss what the part of the model of the market gave you the biggest fits (but it cannot be "everything"). In this paragraph, include specifics about what it is that you don't understand as well as you would like. 2. In t..

Forecast rate of growth of the real gross national product : The 10 economic forecasters of a random sample were asked to forecast the rate of growth of the real gross national product (GNP) for the coming year. Suppose the probability distribution of the r.v.—forecast—is normal. The probability is 0.10 that t..

Is this act of civil disobedience a just action why : The closing and ongoing scandal, however, leaves many students with expensive student loans and poor prospects for employment. Is this act of civil disobedience a just action? Why/why not

Do any aspects of that note appear unusual : Examine BA's note 23, dealing with trade receivables. Do any aspects of that note appear unusual to you from the perspective of U.S. GAAP? Explain.

What will be the total cost of the refill : The amount of toothpaste in a tube is normally distributed with a mean of 6.5 ounces and an s.d. of 0.8 ounces. The cost of producing each tube is 50 cents. If in a quality control examination a tube is found to weigh less than 6 ounces, it is to be ..

Consider the impact of religion on your strategic moves : You have been given the daunting mission of opening the first GM dealerships in Iran (now that the sanctions have been removed ). Which cultural factors should you take into account as you prepare to do business there . In particular do any of Hofste..

What is the main difference between a perpetual inventory : What is the main difference between a perpetual inventory system and a periodic inventory system?

Determine the locations for the camera systems : Solve the model formulated in part (a) to determine how many two-way cameras to purchase and where they should have been located.

User Account

All Pages

Do any aspects of that note appear unusual

Reference no: EM131001143

Reference no: EM131001143

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT