Compare inventory costing method and current gaap standards

Assignment Help Financial Accounting
Reference no: EM131051912

You are expected to modify the Financial Statement you picked for your assignment based on your understanding on IFRS standards assigned in the assignment and a one or two paragraph describing the modifications you make to the financial statements) comparing and contrasting the standards listed in the assignment.

For the company IBM compare and contrast the following pronouncements and the current GAAP standards:

Inventory costing method (IAS2)
Valuation of the property plant and equipment (IAS16)
Fair value measurement standards (IFRS 13)

I have listed the website for IBM's current financial statement.

https://www.google.com/finance?q=NYSE:IBM&fstype=ii

Reference no: EM131051912

Questions Cloud

Apply in both private and public organizations : The U.S. Supreme Court ruled that cities could have school voucher programs that give money directly to parents, who could then choose among competing schools, public or private.
Explanation of how overexpression : Glioblastoma multiforme is a highly malignant form of brain cancer. MicroRNA-21 (miR-21) is overexpressed 100-fold in glioblastoma compared to normal cells. Choose from below the most correct explanation of how overexpression of a microRNA could l..
How can ground water contamination be prevented : Explain the difference between chemical and physical weathering. What processes can cause originally solid rock to break in pieces? Explain the process of soil formation. Why do soils develop distinct horizons? Explain the difference between a sta..
Breast cancer also lost expression of one copy : Carrying a mutation in one copy of the BRCA1 gene leads to increased risk of developing breast and/or ovarian cancer because as a woman ages, she risks mutating the other copy of the BRCA1 gene.
Compare inventory costing method and current gaap standards : For the company IBM compare and contrast the following pronouncements and the current GAAP standards: Inventory costing method (IAS2), Valuation of the property plant and equipment (IAS16) and Fair value measurement standards (IFRS 13)
Write about feminist theory : Write 250 words each of given topics: English school, Feminist theory and Critical theory marxists
Define cancer and describe characteristics of cancer cells : Summarize fat-soluble and water-soluble vitamins including their functions, deficiency and food sources. Describe phytochemicals in detail with health benefits and food sources.
Embryo inside the seed get enough energy : The developing embryo inside the seed is NOT capable of doing photosynthesis until it reaches the seedling stage when its first green stem and leaves emerge from the ground). So, how does the embryo inside the seed get enough energy to grow and de..
How is it possible for a plant offspring : How is it possible for a plant offspring to sit around for years inside a seed, then suddenly start to grow when the conditions are right?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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