Make list of arguments that favor convergence

Assignment Help Financial Accounting

Reference no: EM131220254

Consider the question of whether the United States should converge accounting standards with IFRS.

Required:

Make a list of arguments that favor convergence.

Make a list of arguments that favor nonconvergence.

Indicate your own conclusion regarding whether the United States should converge with IFRS, and indicate the primary considerations that determined your conclusion.

Reference no: EM131220254

Questions Cloud

Design and implement a fuzzy controller : Design and implement a fuzzy controller (Zero-order Sugeno Fuzzy Inference System) for balancing an inverted pendulum system. A written report detailing your system design and characterisation of its performance must accompany your program submis..

Determine the amount of direct materials used during july : Determine the amount of direct materials used during July. Determine the underallocated or overallocated overhead for the month. Determine the Cost of Goods Manufactured for the month.

Requiring subsequent measurement and ongoing valuation basis : For INITIAL measurement identify the initial valuation criteria and for SUBSEQUENT measurement identify the situation requiring the subsequent measurement and the ongoing valuation basis. The valid measurement approaches do not include? The necessary..

Consumer utility maximizing choice : A consumer has a utility function : u (x1, x2) = (x1)2 + (x2)2 . The consumer has an income m = 10 and can buy goods at the prices (p1, p2) = (2, 1). What is the consumer's utility maximizing choice?

Make list of arguments that favor convergence : Consider the question of whether the United States should converge accounting standards with IFRS. Make a list of arguments that favor convergence. Make a list of arguments that favor nonconvergence. Indicate your own conclusion regarding whether the..

Establish a datum reference frame : Apply a profile of a surface tolerance all around of .005 relative to primary datum feature A and secondary datum feature B at maximum material condition. In the adjacent view, apply a profi le of a surface tolerance of .005 relative to datum feat..

Consumer maximization using a budget line : Draw 2 graphs for consumer maximization using a budget line and indifference curves.SHow Good X and X-axis and good y-axis.Also,use Px as price of Y with M as income.

Find re and find rc : The Si transistor of given figure has α = 0.99 and ICEO = 0. Also, VEE = 4V and Vcc = 12V.- If IEQ = 1.1 mA, find RE.

Define in detail the term intangible asset : Define in detail the term intangible asset, and how they are different from other assets. How is R&D treated in the financial statements? And why?

User Account

All Pages