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Contrast conceptual framework for business

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Reference no: EM133144306

1. Compare and contrast the conceptual framework for business, governmental and not for profits.

2. Discuss and explain the importance of preparing financial statements using specific requirements for SEC reporting. Explain the importance of this as it relates to intended users.

3. Discuss the appropriate accounting treatment for any transaction that you have covered in your reading.

4. Discuss any ethical concerns and the impact on financial reporting related to the reporting of any transaction that you have covered in your reading.

5. Discuss non-controlling interest and goodwill. Explain the financial reporting for the line items on the worksheet: non-controlling interest, investment in subsidiary, consolidated net income and goodwill.

Reference no: EM133144306

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