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Assignment
This week students discuss why IFRS presents financial data differently than GAAP. What is the goal, what will be the US impacts? Revenue recognition is covered. Students do their own web search.
Action Required: Post web links and share what you are finding. We hope to find various resources so please read the work of your classmates and contribute new material, showing the depth of your work on this research assignment.
This discussion will assist you in creating and adding to your common body of knowledge (CBOK) on accounting in the U.S. and globally.
The merge will impact current accounting practices. How will financial statements change? What will happen with goodwill? What will happen when LFIO is not longer allowed?
Compare the way a bargain purchase option and a residual value are treated by the lessee when determining minimum lease payments.
on may 1 company reacquired 2000 shares of its own 2 par value stock for 100000 cash. on june 30 800 of the treasury
consider the following facts to quantify the tax costs of various taxable acquisition sturctures when the target is a
xavier construction negotiates a lump-sum purchase of several assets from a company that is going out of business. the
A company entered into the following material contracts at the beginning of the year: For each of the above contracts, prepare any necessary journal entries and notes to be included in the financial statements.
Ramirez Company has an available-for-sale investment in the 6%, 20-year bonds of Soto Company.
be certain to indicate the proper question number before each of your answers. remember to show your work if an answer
Using the estimated sales and production of 10,000 pairs of skis as the expected volume, the accounting department has developed the following cost per pair of skis and bindings:
if an institution concludes that an individual loan specifically identified for evaluation is not impaired under fas
You could also attempt an analysis of the company in simplistic terms or using a published analysis (e.g. from the Financial Times or elsewhere) comment on it. These sorts of exercises lend themselves to group work by students and group presentatio..
What is meant by "prior service cost"? When is prior service cost recognized as pension expense?
vintech company is planning to produce 2100 units of product in 2011. each unit requires 3 pounds of materials at 6 per
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