What key financial ratios will be affected by the adoption

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Question 1: What key financial ratios will be affected by the adoption of FAS 141R and FAS 160? What will be the likely effect?

Question 2:  Could any of the recent and forthcoming changes affect the company's acquisition strategies and potentially its growth?

Question 3: What were FASB's primary reasons for issuing FAS 141R and FAS 160?

Question 4:  What are qualifying SPEs? Do they exist under IFRS? What is the effect of FAS 166 eliminating the concept of qualifying SPEs on the convergence of accounting standards?

Question 5:  If the company adopts IFRS, what changes should management be aware of?

Question 6: What are the principle differences between IFRS and U.S. GAAP?

Reference no: EM132630350

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