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Research topic: Convergence of international financial reporting standards
1. Your essay needs to address the following questions:
A. Critically review literature on arguments for and against global convergence of international financial reporting standards (IFRS)
B. Identify two listed companies: one from Australian Securities Exchange (ASX) and the other from New York Stock Exchange (NYSE); and analyse the accounting policy statement in their annual reports for the reporting year 2012
C. Discuss if your findings of Question 2 support (or reject) the convergence of IFRS.
What gain or loss is recognized by the corporation when it issues its shares to Dave? What is the basis to the corporation of the property it received from Dave?
Prepare the journal entries necessary in 2010 to correct the books for the following items, assuming that the books have not been closed. Disregard effects of corrections on income tax.
Analyze each company's history, product / services, major customers, major suppliers, and leadership and provide a synopsis of each company.
Define investments by owners and provide examples of this type of transaction. What financial statement element other than equity is typically affected by owner investments?
Valuation of Bond at applicable inflation rates and change in the risk free rates and what rate should you see for a three-year-maturity Treasury Bond in today's Wall Street Journal ?
Clydes marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of sales is $0.40. Illustrate what is the break -even point per month in sales dollars?
What value the random variable will assume for each of the experimental outcomes and list the experimental outcomes associated with performing the blood analysis
Generate balance sheets for the business as of 31 st December, 2010 and 2011.Hint: Report only net equity on the balance sheet and remember that net equity equals the difference between liabilities and assets.)
Product Y sales were $40,000 and its variable expenses were $9,850. The company's fixed expenses were $48,310. What is the company's overall break-even point?
Effect of errors in journalizing and posting on trial balance and bookkeeper for Shirley Temple's dance studio made the following errors in journalizing and posting
probability of auditassess the probability of an audit in each of the following independent situationsas a result of a
Determine the cost CWML expects to incur in remediating the facility immediately after it closes inAugust 2032 and prepare the journal entry to record the obligation CWML faces as stipulated in the operatingpermit.
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