User Account

All Pages

Explain requirements to make the small and public company

Assignment Help Accounting Basics
Reference no: EM131935185

Question: Please write at least 1 page per question.

1) Do you think that requirements such as XBRL (like SOX, IFRS, etc.) are going to make the small, public company a thing of the past?

2) Do you think that all users of financial statements, and companies themselves, would benefit if everyone was required to submit financials using XBRL to some gov't database (perhaps the IRS)? That would include private and non-profit organizations.

Reference no: EM131935185

Questions Cloud

Who is susceptible to false memories and why : Who is susceptible to false memories and why? Explain one argument in support of these memories and one argument against these memories.
Formulate and present recommendations for addressing issue : Formulate and present your recommendations for addressing the issue(s) based on the relevant data and economic principles identified above.
Crime avoid getting inaccurate information from eyewitnesses : How might police officers taking statements about a crime avoid getting inaccurate information from eyewitnesses.
Determinant of adherence than what other support : In studies conducted, patients recovering from heart problems and patients with diabetes have what kind of support?
Explain requirements to make the small and public company : Do you think that requirements such as XBRL (like SOX, IFRS, etc.) are going to make the small, public company a thing of the past?
Do you think letting a child learn on his own is better : Do you think letting a child learn on his own is better than structuring a kid ?
Changes to the sentencing reform act : After reading about the changes to the Sentencing Reform Act, do you agree with the Supreme Court decisions to grant more discretion to federal judges?
Explain the acceptance of transgender youth : How do you envision Erickson's perspective of Stage 5's identity vs. role confusion and the influence of social norms in establishing gender roles?
Abnormal psychological functioning : What is the role of disordered self-efficacy beliefs and other cognitive distortions in abnormal psychological functioning?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What amount could the firm deposit in an account paying

What amount could the firm deposit in an account paying 6.42% to have enough to pay for the machines?

  What is implied annual interest rate inherent in credit term

LOL company purchased merchandise with an invoice price. Assuming a 360 day year , what is the implied annual interest rate inherent in the credit terms?

  Determine the depreciation for the current fiscal year

Sandblasting equipment acquired at a cost of $85,000 has an estimated residual value of $5,000 and an estimated useful life of 10 years.

  Estimating future settlement payments under forward contract

Make all journal entries necessary on Candra Christensen's books in 2011, 2012, and 2013 to record the forward contract and the purchase of the lobster. For purposes of estimating future settlement payments under the forward contract, assume that ..

  Purchases by using a linear regression model

You are working with a company selling building material to builders. You predict the quarterly purchases of customers based on their current purchases by using a linear regression model.

  Question on securities and exchange commission

What is the Securities and Exchange Commission? How does it affect financial decision-making? What constraints might it put on the company?

  This company is considering purchasing a new sewing machine

a company manufactures snowsuits. this company is considering purchasing a new sewing machine at a cost of 2.5 million.

  What is the total amount to be budgeted for direct labor

Teller has 2,600 pounds of clay mix in beginning inventory and wants to have 3,000 pounds in ending inventory. What is the total amount to be budgeted

  A remote likelihood of an unfavorable ruling

A customer is currently suing a company. A reasonable estimate can be made of the costs that would result from a ruling unfavorable to the company, and the amount involved is material. The company's managers, lawyers, and auditors agree that th..

  Compute the combined tax liability

Avis's taxable income for the year is $300,000 and Best's taxable income for the year is $425,000. For each of the scenarios provided, (a) state if a control group has been created and, if so, define the controlled and (b) compute the combined tax..

  Should the new machine be purchased based on the NPV method

If Berradi purchases the new machine, it will use it for 10 years and then trade it in on another machine. The company computes depreciation on a straight-line.

  What was the noncontrolling interest in kent net income

X-Beams Inc. owned 70% of the voting common stock of Kent Corp. What was the noncontrolling interest in Kent net income

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd