Emerging issues force influences accepted principles

Assignment Help Finance Basics
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

Questions Cloud

Which entity should be identified as the accounting acquirer : How should Phoenix account for its acquisition of 100 percent of equity interests in Darwin and Thunderbird: as a merger of entities under common control or as a business combination?
How laws or regulations affect your present job : Discuss the concept of judicial review. Explain how laws or regulations affect your present job or industry. Describe various forms of Alternative Dispute Resolution (ADR) and discuss how this is different from the court system
What are the critical objectives of supply chain : What are the critical objectives of a Supply Chain? Some of the critical objectives of any company is Identifying and prioritizing under critical business elements, knowing the entire supply chain to determine if all is needed and what can be combine..
Determine the deflection at c of beam ab : Using the method of superposition, determine the deflection at C of beam AB . The beams are made of wood having a modulus of elasticity of E = 1.5(103 ) ksi.
Emerging issues force influences accepted principles : 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.
Difference between business idea and business opportunity : Describe the difference between a business idea and a business opportunity. Provide one example of an idea and one example of an opportunity
Roadmap for the team and estimations of completion data : The key deliverables provide a roadmap for the team and estimations of completion data so the team can see if they're on track or not. This roadmap is typically aligned with the project phases including Define, Measure, Analyze, Improve, and Control...
Average accounting return : The cost is $10,000, which will be depreciated straight-line to zero over four-year life of the project. What is the average accounting return, or AAR?
What is the decision rule in terms of enpv : Describe and calculate Project A's expected net present value (ENPV) and standard deviation (SD), assuming the discount rate (or risk-free interest rate) to be 8%. What is the decision rule in terms of ENPV?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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