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Question: 1. Describe the implicit assumption made in SFAS No. 94 about the reporting entity. What is push-down accounting? What problems would arise in connection with the implementation?
2. How are minority interests handled in consolidations? What is an equity carve-out?
3. Distinguish among sell-offs, spin-offs, split-offs, and split-ups.
The direct method might be easier to understand but it is also more expensive and more time consuming for the company why is that? and Whats the best method to use for businesses?
As the U.S considers the adoption of IFRS, changes exist between presentation and disclosure in current U.S GAAP and IFRS. Based on your research, what are some of the similarities and differences between U.S. GAAP and IFRS?
discuss the complexity in determining the distinction between ordinary and capital assets. analyze the rationale for
the following adjusted trial balance contains the accounts and balances of cruz company as of december 31 2013 the end
Which of the following are consedered an optional presentation within a goverments required supplementary information.
Describe the transactions recorded in the following T accounts.
what does this want me to do.specific identification assuming that the march 14 2012 sale was selected two fifths from
The Making the Connection argues that a key difference between market economies and centrally planned economies, like that of the former Soviet Union, is as follows: In market economies, decisions about which investments to make and which technolo..
Wecker Company's year-end unadjusted trial balance shows accounts receivable of $89,000, allowance for doubtful accounts of $500 (credit), and sales of $270,000. Uncollectibles are estimated to be 1.5% of accounts receivable.
Create an argument related to mortgage-back securities that either supports or does not support that the benefits outweigh the costs. Provide support for your argument.
you are a hometown accountant. the capital project fund has just been created to account for resources received and
charles austin of the controllers office of thompson corporation was given the assignment of determining the basic and
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