User Account

All Pages

How do create an overview on ifrs

Assignment Help Accounting Basics
Reference no: EM132599230 , Length: Word count: 1200

1,000-1,200 words

Review the financial reports and notes of the company you have chosen from the EDGAR Web site. Using this company as your point of reference, provide general information on the following questions:

Question 1: Create an overview on IFRS.

Question 2: What will be some of the main concerns for your company as they move from U.S. GAAP to IFRS?

Question 3: Generate a list of differences that you would expect to see on your Income Statement and your Balance Sheet after the convergence process is complete.

Question 4: Describe what impact the convergence will have on your company's inventory account (IAS 2).

Question 5: Describe some of the differences between IFRS and US GAAP regarding the accounting for financial instruments

Question 6: Give a minimum of two examples of how your company will be impacted by the conversion process (IAS 32, IAS 39 & IFRS 7)

Reference no: EM132599230

Questions Cloud

Explain the pros and cons of density : Explain the pros and cons of density. In your community, what would be considered dense. How would the neighborhood you are studying
Calculate the payback period for both projects : Komfy Karz is evaluating a project (Project A) that costs $325,000 and is expected to generate $200,000, Calculate the payback period for both projects
Describe the two main types of leases : Describe the 2 main types of leases and where the differences lie. What impact will the convergence process have on your company's tax planning?
Performance issue which resulted from a motivational problem : Describe a performance issue which resulted from a motivational problem and Use the theory of motivation you selected to describe an intervention/action
How do create an overview on ifrs : Create an overview on IFRS. What will be some of the main concerns for your company as they move from U.S. GAAP to IFRS?
The camera was revolutionary invention : In the 19th century, the camera was a revolutionary invention, Did the invention of the camera change the arts? Why or why not?
Find how should mr wrong have recorded the transaction : You are an accounting student taking class in accounting.How should Mr. Wrong have recorded the transaction? What are the ethical aspects of Mr. Wrong's action?
Describe the cognitive and non-cognitive abilities : Describe the cognitive and non-cognitive abilities relating to Emotional Intelligence. Provide an example of how you might use EQ in your daily life.
How differentiate among major forms of business organization : How Differentiate among the major forms of business organization and describe what you consider to be the top 2 advantages and disadvantages of each form.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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