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Accounting Question:
Case scenario: Japanese GAAP vs. Chinese Convergence
Research and compare the convergence of China's financial reporting standards with U.S. GAAP or IAS GAAP since 1999 and respond to the following questions:
• What societal values and economic goals have caused the two Asian countries to adopt different financial reporting standards?
• What societal values and economic goals have caused the two Asian countries to improve similar international financial reporting standards?
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: - Explain the goals and uses of special journals.
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.
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