Emerging issues force influences accepted principles

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Reference no: EM131152580

Write a six (6) page paper in which you:

1. Analyze the way in which Emerging Issues Force (EITF) influences Accepted Principles (GAAP). Based on your analysis, one that the EITF could take in order to effectively influence GAAP.

2. From the Description and of Issues section of the FASB Website, choose one of the current issues, and the EITF's conclusion(s). Based on analysis, make at least two that would enhance the EITF's conclusion(s). Provide a rationale to support recommendation.

3. From the Exposure Drafts and Comment section of the FASB Website,choose one public on the most recent draft issued by EITF. Analyze the chosen public comment, and your opinion on whether or you agree with the commenter. Support your position at least two examples.

4. Imagine that your has tasked you with a new agenda item for EITF to consider. Create a for one accounting issue that you propose, and support that proposal with a brief of the issue(s).

5. Use at least three quality academic in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Reference no: EM131152580

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