Us gaap or ifrs system

Assignment Help Accounting Basics
Reference no: EM1355595

Which is better for preventing or detecting fraud a rules based system like US GAAP or a principles based system like IFRS? Please provide the reasons for your opinion.

Reference no: EM1355595

Questions Cloud

Determine the risks faced by a reseller : Assume in six months' time the cost of a gallon of heating oil will either be $0.90 or $1.10. The current price is $1.00 each gallon.
Gaap for zero-interest-bearing note : Identify the authoritative literature that provides guidance on the zero-interest-bearing note. Use some of the examples to explain how the standard applies in this setting.
What speed does the arrow leave the bow : An archer puts a 0.33 kg arrow to the bowstring. An average force of 183 N is exerted to draw the string back 1.3 m. suppose that air resistance is negligible.
Intercultural business management and ethics : Research and find 2-4 articles related to the influence of culture on doing business in India, the Middle East, and/or Africa.
Us gaap or ifrs system : Which is better for preventing or detecting fraud a rules based system like US GAAP or a principles based system like IFRS? Please provide the reasons for your opinion.
Explain and suggest an equitable outcome : Explain and Suggest an equitable outcome from the movement that would be appropriate for our capitalistic society.
Collecting data during inital assessment process : Identify what information is important to collect during the inital assessment process to make a diagnosis and why. Expalain what methods can be used to collect the data or make ongoing assessment.
Avoiding losses through hedging or insuring : Note whether the following are ways to avoid losses through hedging or insuring, Lock in a $979.00 fare house for the holidays.
Why do you thing they each would work : Why do you thing they each would work. Illustrate what would the benefits of each action be besides emissions reduction.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture 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