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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
q george company has a standard costing system. the subsequent data are available for julyactual manufacturing overhead
Prepare the journal entries to record above events. Assume that the distribution of the earnings on November 30 was payment of a dividend that was declared on November 20.
A governmental health care organization, depending on its legal form, may be required to prepare which of the following financial statements?
Compute the budgeted amounts for 2012 for direct materials to be used, direct labor, and applied overhead and compute the standard cost of one unit of product.
Supplementary financial statement that supports the cost of goods sold figure on the income statement by summarizing raw materials, direct labor, and manufacturing overhead costs incurred during the period.
Did Mr. Rosen improve his performance for the second quarter? Indicate the information you used for your assessment - Can you make any suggestions for reporting in the future
honey butter inc. manufactures a product that goes through two departments prior to completion. the following
Assume you just retired and you have accumulated $900,000 in your retirement account. You opted to receive annual payment of $60,000 for the next 30 years. Determine the interest rate on this annuity.
Calculate operating cash flows.(List deductible values as negative amounts) Calculate net income.(List deductible values as negative amounts)
Prepare the consolidation journal entries to consolidate House Ltd and Smart Ltd for the year ended 30th June 20X9. Use Partial Goodwill method to account for goodwill and NCI.
After the amount due on a sale of $72,025, terms 3/10, n/eom, is received from a customer within the discount period, the seller consents to the return of the entire shipment.
On February 1, a customer's account balance of $2,400 was deemed to be uncollectible. What entry should be recorded on February 1 to record the write-off assuming the company uses the allowance method?
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