Differences between ifrs and us gaap in accounting, Financial Accounting

Assignment Help:

1. Describe the approach Zetar Plc uses to determine goodwill impairment losses. How does this approach differ from US GAAP?

2. Zetar Plc does not report any research and development (R&D) expense in its income statement. If it did, its approach to accounting for R&D expenditures would be significantly different from US GAAP. Describe the differences between IFRS and US GAAP in accounting for R&D expenditures.

3. According to the notes to the financial statements, what types of transactions do trade and other payables relate to?

4. What was the average amount of time it took the company to pay its payable during 2011?

5. What do the provisions relate to?

6. What are the estimates based on?

7. What could cause those estimates to change in subsequent periods?

 


Related Discussions:- Differences between ifrs and us gaap in accounting

calculate a weighted average contribution margin per unit, Part A   ...

Part A   The contribution margin income statement of Nice Cup Company for 31 December 2011 follows: Nice Cup Company   Contribution Mar

Stock turnover rate, Calculate  Stock turnover rate The total ave...

Calculate  Stock turnover rate The total average number of times each year which stocks is "turned over" in the terms and course of trading activity. Stock turnover rate

Khyber bank, how we write a literature review

how we write a literature review

What are the ethical issues involved, Charlie Brown, controller for the Kel...

Charlie Brown, controller for the Kelly Corporation, is preparing the company's income statement at year-end. He notes that the company lost a considerable sum on the sale of some

AS-10.., WHAT IS dEPRECIATION?

WHAT IS dEPRECIATION?

What amount does eggers stand to lose, Q. Andy Eggers has invested $150,000...

Q. Andy Eggers has invested $150,000 in a privately held family corporation. The corporation does not do well and must declare bankruptcy. What amount does Eggers stand to lose? a.

Irs, I am looking for the solutiotns to this problem. Using the informat...

I am looking for the solutiotns to this problem. Using the information provided below, complete Aspen Ridge limited partnership%u2019s page 1 of Form 1065; complete Schedule K o

Calculate the required return of the stock, Below given th einformation of ...

Below given th einformation of the stock calculate the required return of the stock. Dividend = $4.50 every year Current sales price of stock = $ 79.85 per share Formul

Calculate the depreciation of project, A small airline company called Mancu...

A small airline company called Mancunian Airways (MA) is considering purchasing a new jet, which will be used solely on the new route: Manchester, Paris, Madrid and back to Manch

Calculate the equity multipler, Presented below are condensed financial sta...

Presented below are condensed financial statements adapted from those of two actual companies competing as the primary players in a specialty area of the food manufacturing and dis

Write Your Message!

Captcha
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