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Prepare a research paper investigating the reporting requirements corcerning the valuation and impairment of Goodwill under US GAAP. This paper must also discuss the similarities and differences regarding valuation and impairment of goodwill between US GAAP and international reporting standards. The paper must be at a minimum , 7 double- spaced written pages( plus bibliography and the necessary) discussing current US GAAP and International Financial Reporting Standards. The paper should (1) be professional appearing(2) be well written with respect to proper grammar and usage (3) have necessary citations and(4)do a through job with the required Merchanics( Grammar, sentences, structure, spelling,punctuation,citation of secondary sources), Technique( organization and development, support for ideas, clarity,conciseness, conclusion or executive summary, Composing the message( selecting the proper form of communication for audience and purpose, collecting info from appropriate sources, Impact( proofreading, appearance and layout of the document)
Primarily you should look up the specific standards from the original text( precodification standards and existing GAAP/IFRS( with Full Citation in paper) rather than only citing a secondary source that discuss GAAP or iGAAP( although these secondary sources should be used in discussions of the accounting standards through the paper)
What is meant by impairment of a loan? Under what circumstances should a creditor recognize an impaired loan?
Company X sells $400 of merchandise on account to Company Y with credit terms of 2/10, n/30. If Company Y remits a check taking advantage of the discount offered, what is the amount of Company Y's check?
an investor bought a one-acre lot on the outskirts of a city for 9000 cash. each year she paid 80 of property taxes .
What four conditions are required for all types of databases?
maintenance costs at winter company are allocated to the production departments based on area occupied. maintenance
In the ASC's handbook, Accounting for the Effect of Changing Prices, accountants are faced with a choice of systems of accounting when dealing with the effects of inflation.
Jamarcus Webster purchased one-half of Drew Akins's interest in the Perry and Akins partnership for $25,000. Prior to the investment, land was revalued to a market value of $100,000 from a book value of $84,000.
KCCO, Inc., has current assets of $5,200, net fixed assets of $25,200, current liabilities of $4,250, and long-term debt of $9,400. What is the value of the shareholders' equity account for this firm?
Assume that the partners of Exercise 12-5 agreed to share net income and loss by granting annual salary allowances of $50,000 to Kramer and $40,000 to Knox, 10% interest allowances on their investments, and any remaining balance shared equally.
ned and muade flanders purchase a new home on june 8 2012 for 100000. the home is located on a busy street close to the
Assume the same information as in the previous problem, except that Parent has no "significant influence." Prepare the entries and present the investment account.
Suppose Riverside sells its canoes for $517 each. Calculate the contribution margin per canoe and the contribution margin ratio
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