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Thus far in class we've talked about many interesting topics in international accounting including international accounting standards, the history of accounting, IFRS vs. US GAAP, the FASB Codification, convergence, harmonization, foreign currency, financial reporting and international taxation. It's time to dive deeper into one of the topics with this assignment. In 4-6 pages (minimum 1000 words) (12-pt type, double-spaced) please choose your favorite topic thus far and write a research paper on that topic. Remember to include a reference page, which is included in the page count. Here are some suggestions of what you could write about:
The history of accounting and the accounting profession The similarities and differences between IFRS and US GAAP. IFRS adoption around the world, one country or a region. The history of the SEC's support for IFRS International taxation or taxation in a specific country or region of the world. This could include the history of taxation in that country or region
Convergence vs. harmonization International financial analysis Accounting for foreign currency.
Be creative! If you don't like one of the above topics, please pick your own. If you can't think of one, email your professor for some suggestions.
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The part of the variable overhead budget variance due to the difference between actual hours required and standard hours allowed for work done is called the:
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The cost associated with maintaining rural highways follows a predictable pattern. There're basically no costs for the first three years, but thereafter maintenance is needed for restriping, weed control, light replacement, shoulder repairs, etc.
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The government-wide changes in net assets would be displayed as ??
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What interest rate should be used to calculate the interest revenue from this transaction for the years ended December 31, 2011 and 2012, respectively?
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Prepare journal entries for the transactions listed above. Prepare an updated Dec 31st trial balance, reflecting the unrecorded transaction-Prepare a multiple-step income statement for the year ending Dec 31st. Prepare a retained earnings statement f..
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