This assessment task provides students with an opportunity

Assignment Help Accounting Basics
Reference no: EM131124881

This assessment task provides students with an opportunity to apply concepts studied in-class to actual firm accounting practices and to obtain an in-depth understanding of a foreign country's accounting regulations and practices. This task further aims to develop students' writing, research, and critical thinking skills.

Students are required to select one publicly listed company from a country that has adopted IFRS, but not from Australia or China. A useful resource for students wanting to locate countries that currently use IFRS is provided by PWC. i have uploaded the file that contains the name of the countries that have adopted IFRS and i would like you guys to do my assignment on USA.
Students are to collect the most recent annual financial reports for their selected firm and then prepare a detailed report in which they:

  •  Describe the selected firm.
  •  Describe the national reporting and regulatory environment within which the selected firm operates.
  •  Select two specific accounting items from the firm's accounts and discuss the extent to which the company consistently applies the relevant international accounting standards.
  •  Discuss whether and how the use of IFRS is enforced within your chosen country.
  •  Evaluate whether the firm's accounts are comparable with their key global competitors.

Reports should be approximately 1,000 words in length and appropriately referenced.
i have also uploaded the file for the marking guide as well which needs to be followed and this assignment is very important for therefore i would expect a good job.

Reference no: EM131124881

Questions Cloud

How this type of substance is recognized : Explain the effect of a substance with the same spatial conformation as the enzyme substrate in an enzymatic reaction.
How much money will be in each account six years : Two years after the$14,000 deposit, he makes another deposit in the amount of $12,500. Four yearsafter the $12,500 deposit, half of the accumulated funds is transferred to a fundthat pays 8% interest compounded quarterly. How much money will be in..
Gain from a capital asset held seven months : ane and Blair are married filing jointly and have 2012 taxable income of $97,000. The taxable income includes $5,000 of gain from a capital asset held for five years, $2,100 of gain from a capital asset held seven months, and $13,000 of gain from ..
What protections does the law provide for employees : What are employers' responsibilities under the law? What protections does the law provide for employees?
This assessment task provides students with an opportunity : This assessment task provides students with an opportunity to apply concepts studied in-class to actual firm accounting practices and to obtain an in-depth understanding of a foreign country's accounting regulations and practices. This task furth..
Relationship between the cooling of organs as well as tissue : Explain the relationship between the cooling of organs as well as tissues for medical transplants and the effect of heat on enzymatic reactions.
Describe arbitrage strategy to take advantage of mispricing : When storing corn there is spoilage, i.e. the amount of usable corn shrinks over time. Assume that corn spoils continuously at rate of 2% per month. Also, assume that corn storage carries fixed (upfront) costs of $0.20 per bushel per month. You're gi..
How can job rotation benefit employees and companywide : What is the budgeting process presented and have you ever participated in a training budget? Have you ever worked within an organization where the objectives and expectations were not clear? What were the outcomes?
Interpreting managerial reports : C4. BUSINeSS applICatIoN ?For the past four years, three companies have dominated the soft drink industry, holding a combined 85 percent of market share. Won Cola, Inc., ranks second nationally in soft drink sales. Its management is thinking abou..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Preparing an income statement

Prepare an income statement through gross profit for the year ended December 31, 2004.

  Views of rousseau and aristotle

Traditional moral philosophy has been favorable to women as evidenced by the views of Rousseau and Aristotle.

  Compute operating income for rim and tip

Compute operating income for RIM and TIP

  Since diana was not yet familiar with the operations of de

de anza manufacturing has just hired a new controller diana deanza. during her first week on the job diana was asked to

  The general fund charged the investment trust fund

The General Fund charged the Investment Trust Fund $ 500 for administrative expenses This amount was paid in cash Income of $ 50,000 was distributed to the participating cities according to the trust agreement

  What way is the securities and exchange commission

In what way is the Securities and Exchange Commission concerned about and supportive of accounting principles and standards?

  Rhonda can transfer property that selecthashas notcorrect 1

rhonda owns 50 of the stock of peach corporation. she and the other 50 shareholder rachel have decided that additional

  Rhinos landscaping sells a quality brand of hoes shovels

rhinos landscaping sells a quality brand of hoes shovels and rakes in a sales mix of 242 25 50 25.nbspnbspthe companys

  If the consultant labor cost on an engagement is 25000 what

mackenzie consulting computes the cost of each consulting engagement by adding a portion of frimwide support costs to

  Cost the seller in the first place

A buyer just paid $50.98 for a calculator. If 29% of that amount was the seller's markup then what did the calculator cost the seller in the first place?

  Find each year-s absorption costing net operating income

Determine each year's absorption costing net operating income. In year 4 the company's variable costing net operating incomewas $240.200.

  A multiple-step income statement

Dickinson Company decided to discontinue its entire wholesale operations and to retain its manufacturing operations. On September 15, Dickinson sold the wholesale operations to Rogers Company. During 2014, there were 493,400 shares of common stock ou..

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