Difference between gaap and ifrs

Assignment Help Business Management
Reference no: EM131092121

Discuss the difference between GAAP and IFRS as they pertain to component depreciation, fair value of long lived assets, research and development, and revaluation of intangible assets. How did GAAP converge with IFRS on the issue of accounting for exchanges of nonmonetary assets?

Reference no: EM131092121

Questions Cloud

Is it same thing that causes your friends and family stress : What causes you stress? Is it the same thing that causes your friends and family stress? Stressors are highly personal and can vary widely between individuals. For example, in 2001, Marc Prensky divided the world into two groups: digital natives a..
Withdraw funds from the account : He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end?
Interest rate would you earn : Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $4,000. What interest rate would you earn if you bought this bond at the offer..
Good method for projecting : What assumption is made when you use Linear Regression for projecting next year's sales? Do you think this is a good method for projecting next year's sales - explain?
Difference between gaap and ifrs : Discuss the difference between GAAP and IFRS as they pertain to component depreciation, fair value of long lived assets, research and development, and revaluation of intangible assets.
Ability to cut employee benefit costs : As HR director at Crangle Fixtures, your bonus this year is based on your ability to cut employee benefit costs. Your boss has said that it's okay to shift some of the costs over to employees
Understanding and knowledge of the points : Summarize the key points in the selected article.  You need to show an in-depth understanding and knowledge of the points made by the author in relationship to Performance Appraisals. Do you agree or disagree with the points made by the author?  E..
What the data indicates and the significance of the results : How has he done on improving his diet?  Is he going to lose weight?
Primary advantages of diversity in the workforce : 1. What are the primary advantages of diversity in the workforce? Be specific with a summary of each one. 2. Explain the three (3) main reasons for conducting performance appraisals.

Reviews

Write a Review

Business Management Questions & Answers

  What is earnings of a firm ceo and its lowest paid hourly

Illustrate what do you think should be a reasonable spread (either a dollar amount, XX times more than or percentage number) among the earnings of a firm's CEO and its lowest paid hourly workers and explain why? Provide your detailed explanation o..

  Individual ethics in development and understanding

Discuss the relationship between group and individual ethics with regard to Development and Understanding.

  Write an argumentative paper of no more than 750 words that

Write an argumentative paper of no more than 750 words that demonstrates why globalization is good or not good for a business. At the end of the paper, identify one example of how you used deductive reasoning and one example of how you used inductive..

  Explain what is the role of research in cross-cultural

Explain What is the role of research in cross-cultural psychology and What are some research trends in the field of cross-cultural psychology

  Question regarding the round-trip tickets

1. Under the old 10% commission structure, how many round-trip tickets must Leadstar sell each month (a) to break even and (b) to earn an operating income of $7,000? 2. How does United's revised payment schedule affect your ..

  Discuss the pitfalls to this strategy

Determine the factors that should be evaluated when creating competitive strategy of a business. For each factor, indicate its significance. Provide support for your answer.

  Decision making question

Your initial report on bounded rationality and rational decision-making as well as the PowerPoint slide presentation on the United States and China manufacturing facility options were well received by the Polwalski Group's directors and managers.

  Explain the case study on accelerating ideas to market

Explain the Case Study on Accelerating Ideas to Market and The AIM Process

  Development and career management

Show the strengths and drawbacks in using this method to train this topic to a group of 18 employees and explain in detail the way you would evaluate the effectiveness of this training offered. Why have you chosen this evaluation process?

  Results with project management processes

Correlate Actions and Results with Project Management Processes

  Total amount of imports

What effect might the depreciation (weakening) of the U.S. dollar relative to the Canadian dollar have on the total amount of imports into the U.S. from Canada? (give the effect and explain why in one sentence)

  Example of how forces of influence affect a decision made

What is an example of how the forces of influence affect a decision made in a work place and what is a workplace example of a fallacy that might affect the reasoning in making a decision?

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