Write an essay about us gaap vs ifrs

Assignment Help Accounting Basics

Reference no: EM13899576

Advanced Accounting - Individual Assignment

US GAAP vs IFRS: Consolidation of Financial Statements

Write an essay that describes the main similarities and the differences between US GAAP and IFRS regarding the consolidation of financial statements. This report should cover the followings (as possible).

1. Brief description of the history (development) of the consolidation standards (GAAP and IFRS).

2. Brief description of the requirements of the latest consolidation standards (GAAP and IFRS).

3. Analyze the similarities and differences between the latest consolidation standards (GAAP and IFRS).

4. Describe the consequences of the differences between US GAAP and IFRS and any attempts for convergence of the standards.

5. Include at least three external sources (references) to support your position. Use Harvard style for referencing.

Reference no: EM13899576

Questions Cloud

What is polaris comprehensive income : Refer to Polaris financial statements in Appendix A to answer the following.

Key figures for polaris and arctic cat follow : Key figures for Polaris and Arctic Cat follow.

Discuss the early 19th century latin american revolutions : Discuss the early 19th century Latin American revolutions and economic, social and political development of Latin American countries during the 19th and early 20th century.

Discuss the rise of authoritarian populism : Discuss the rise of authoritarian populism and liberal nationalism using the example of the Second empire and the Third republic in France.

Write an essay about us gaap vs ifrs : Write an essay that describes the main similarities and the differences between US GAAP and IFRS regarding the consolidation of financial statements.

Katie murphy is preparing for a meeting with her banker : 1.Katie Murphy is preparing for a meeting with her banker. Her business is finishing its fourth year of operations.

Annual financial statements from her accountant : 1.Your friend, Diana Wood, recently completed the second year of her business and just received annual financial statements from her accountant.

Prepare the journal entries required on july : This company has 500,000 shares authorized and 100,000 shares outstanding. Prepare the journal entries required on July 31, August 15 and August 25.

Write the paper on recuruitment and selection : Write the paper on Recuruitment and Selection - Give at least 3 risks / threats that the project encountered. How are the risks addressed?

User Account

All Pages