User Account

All Pages

Policy-setting bodies-standard-setting process

Assignment Help Financial Accounting
Reference no: EM133291487

Sample Research Topics:

Policy-setting bodies, Standard-setting process, GAAP, Codification, Limitations of financial reporting, IFRS vs. GAAP

What is the FASB? Detail the history of the FASB

What it IFRS? Where does IFRS stand, and what is its history

What is the AICPA? What is its impact on Intermediate Accounting?

Login to the FASB/GASB and review financial statement structure and content.

Discuss GAAP and the shortcomings of historical financial reporting.

Discuss SOX and the SEC.

Conceptual Framework (levels and understanding); Elements of financial statements, Assumptions; Basic accounting principles.

What is the FASB Conceptual Framework.

When was it instated and by whom.

What is the purpose of the Conceptual Framework.

Discuss in detail the Element of financial statements.

Discuss fundamental concepts and assumptions in financial reporting.

Discuss revenue and expense recognition.

Discuss fair value vs. historical cost principles.

Research disclosure: what is it, how is it presented, many examples exist in the textbook, Chapter 1-11.

Discuss/research the main tenets of the accrual basis of accounting.

Reference no: EM133291487

Questions Cloud

Financial statements of woodbridge for the year : How should the legal action be reflected in the financial statements of Woodbridge for the year ended 31 December 2021.
Traditional accounting has several limitations : Traditional accounting has several limitations which have led to the rise of social accounting.
What is the purpose of conceptual framework : What is the FASB? Detail the history of the FASB. What is the purpose of the Conceptual Framework.
Estimate of company loan requirements : Do you agree with Mr. Clarkson's estimate of the company's loan requirements? How much will he need finance the expansion in sales to $5.5 million in 1996
Policy-setting bodies-standard-setting process : Policy-setting bodies, Standard-setting process, GAAP, Codification, Limitations of financial reporting, IFRS vs. GAAP
Cash shortfall by raising additional funds : The company feels that it needs the funds for investment in a new project so it is planning to make up the cash shortfall by raising additional funds.
What is kendall fica withholding for each pay period : What is Kendall's federal tax withholding for each pay period? What is Kendall's FICA withholding for each pay period?
Corporation and subsidiary in the amount : Interest Expense appeared in the December 31, 2011 consolidated balance sheet of Pfadt Corporation and Subsidiary in the amount
Make gain and take advantage of trade discounts : For the short term, it is attractive to make gain and take advantage of the trade discounts.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Differences between the models for law systems

What are some of the differences between the models for law systems throughout the world? What are some of the benefits of each? What are some of the disadvantages of each?

  What are the option market value

The exercise price on one of the Flanagan Company's options is $15, its exercise value is $22, and its premium is $5. What are the option's market value

  What the required adjusting entry at december is

What the required adjusting entry at December 31,2020(year end) is? On Dec 12,2020, Dwight, Accounts receivable boolkeeper received $1.000

  What is weighted average number of shares to be used

What is weighted average number of shares to be used in computing basic and diluted eps , assuming the convertible bonds are dilutive?

  Uses straight-line depreciation on all equipment

The company uses straight-line depreciation on all equipment; the annual depreciation expense will be $60,000. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capit..

  Prepare entries necessary to classify amounts into accounts

Prepare entries necessary to classify the amounts into proper accounts, assuming that all the securities are classified as available-for-sale and prepare the entry to record the accrued interest and the amortization of premium on December 31, 2010..

  What is the pv of the debt tax shield

If a company issues 52,500 rupees worth of debt and has a corporate tax rate of 35%, what is the PV of the debt tax shield? 52500

  What means to be price-setter or price-taker

In your memo, be sure to first provide a brief discussion of what it means to be price-setter or price-taker. List the pros and cons of each one

  Support your recommendation by in-depth analysis

Write a report providing the CFO with your recommendation whether Zeta should set up the plant to produce the Spenza’s and support your recommendation by in-depth analysis in Excel. In your report, explain the results of each portion of your analysis..

  Calculate the allocation of profit

Calculate the allocation of profit for 2014 and 2015, assuming profits are divided as Based on the ratio of the partners' original investments.

  Square footage requirements and effective utilization

Square footage requirements and effective utilization - If you're new strip mall will have 15,000 square feet of retail space available to be leased, to which businesses should you lease and why?

  Does give rise to a deferred tax asset or liability

The entity has a legally enforced right to set off current tax assets, Does give rise to a deferred tax asset or a deferred tax liability

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