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1) Do you think a uniform set of accounting standards across all nations will work? Provide pros and cons to your argument. Provide Reference in APA format and maximum of 200 words.
2) Many companies hold equity securities of other companies as investments. The journal entries and accounting methods differ, depending on the percentage of interest held. Discuss briefly the various categories of these investments and why the accounting approach differs. Provide reference in APA format and Maximum 250 words.
3) There are differences between financial statements prepared for calculating income taxes and those prepared for financial reporting purposes. The former is prepared according to the Internal Revenue Code while the latter is prepared according to GAAP. What are the differences between the objectives of financial statements for calculating tax liability and financial reporting? Provide reference in APA format maximum 200 words.
4) The most common types of pension plans are the defined-contribution plan and the defined-benefit plan. Discuss the advantages and disadvantages of each. Provide reference in APA format and maximum 200 words.
Select a public university system and review the financial statements and audit report for the system. Write a three to four (3-4) page paper in which you: 1.Identify and analyze the employee pension plan disclosures in the financial statements.
Explain diversity through annual reports of foreign companies on the internet.
Do you believe that it is appropriate that we have a single, global set of accounting standards as well as one conceptual framework that has global applicability?
Methods by which the governing bodies communicate the standards, requirements, and guidelines for the accounting profession
Prepare journal entries to record these liquidation transactions and prepare journal entries to record the preceding transactions on the assumption that the bonus (or no revaluation) method is used.
Advise Polaris Ltd whether it is required to produce consolidated financial statements (CFS). Consider the levels of control and the members' rights in your answer.
Statement of comprehensive income for the year ended 31 December 2012 and statement of financial position as at 31 December 201
The case for global accounting standards by Professor Ann Tarca (UWA) and analyse what the key points are of the report. Then prepare a report either supporting or challenging the position of the author.
The general manager suggested capitalizing more of the company's product development costs and amortizing additional capitalized amounts over five years, using the straight line method.
They have offered to guarantee 1000 patient visits per year and want to pay $70 per visit. City Rehab currently receives $95 per visit directly from Medicare
Compare the accounting treatment of dividends appropriated from pre-control and post control equities of a subsidiary. Consider the accounting by the companies paying and receiving the dividend, as well as by the corporate group.
A series of monthly cash flows is deposited into an account that earns 12% nominal interest compounded monthly.
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