Review differences in presentations of financial statements

Assignment Help Corporate Finance
Reference no: EM13761244

Introduction to International Financial Reporting Standards

Length is 400 words

Review the differences in the presentations of the 4 main financial statements (income statement, statement of owner's equity, statement of cash flow, and balance sheet) between IFRS and US GAAP.

Choose 2 differences from each of the statements to share in your posts.Discuss how the changes that you have chosen will impact the financial reporting of U.S. corporations.

Reference no: EM13761244

Questions Cloud

Entry to record the partial refunding : Make the entry to record the partial refunding. Assume Jenks Co. makes reversing entries when appropriate  Prepare the adjusting entry at December 31, assuming straight-line amortization of the discount.
Strategic alternatives : Consider strategic alternatives for the organization you selected for the Unit 1 assignment. The Organization selected is Nursing Homes. Why does the selection of strategic alternatives create direction for your selected organization?
Distributed in total for dividends : On 12/31/11, the preferred stockholders received a $120,000 dividend on their stock, which is cumulative and fully participating. How much money was distributed in total for dividends during 2011?
Compute the total cost of ordering and carrying flour : A bakery buys flour in 25-pound bags. The bakery uses 1215 bags a year. Ordering cost is $10 per order. Annual carrying cost is $75 per bag. Determine the economic order quantity. What is the average number of bags on hand? How many orders per year w..
Review differences in presentations of financial statements : Review the differences in the presentations of the 4 main financial statements (income statement, statement of owner's equity, statement of cash flow, and balance sheet) between IFRS and US GAAP.
The injection molding department : The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes four days for an order to be delivered.
Aspect of professional communication : You will individually research a topic on some aspect of professional communication. You will then prepare a 1-2 page outline using the standard outline format (shown below) that would be used in a training session. At the end of your outline yo..
Ab investigative services abis : After establishing probable cause, your company, AB Investigative Services (ABIS), has been contacted by a prominent state law enforcement agency.
Public administration a means of improving customer outcomes : Determine one (1) challenge and one (1) opportunity regarding the use of social media in public administration as a means of improving customer outcomes.

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of 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!

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