Please discuss similarities and differences between U.S. GAAP and IFRS regarding one of the following: The recognition, measurement, and disposition of

Please discuss similarities and differences between U.S. GAAP and IFRS regarding one of the following:

  1. The recognition, measurement, and disposition of receivables.
  2. Accounting and reporting for plant assets and intangible assets.
  3. Accounting and reporting for current liabilities.
  4. Accounting and reporting for long-term liabilities such as bonds and notes.
  5. Accounting and reporting for equity.
  6. Accounting and reporting for the statement of cash flows.

You are required to write a 1,000-word paper addressing the following:

  1. Introduction
  2. Summary of the GAAP and IFRS standard
  3. Discussion of the similarities and differences among each standard
  4. Relate each standard to the relevant topic you learned in class
  5. Conclusion

The 1,000-word minimum is NOT included in the title or reference page. The paper MUST be in APA format. Please submit the document in Word format. Submit the document with a Turnitin Originality Report of 25% or less. A report with a similarity index less than 25% is acceptable for undergraduate level work.

Turnitin.com is an excellent resource to check the content and quality of writing assignments and to avoid plagiarism. An Originality Report will be generated upon paper submission. The Originality report does not actually recommend changes. It does point out where you may need to add a citation or quotation marks (if not already cited). Once you use it a few times, you will appreciate this tool, as it will assist you in improving quality and content, as well as avoid plagiarism. Your goal is to keep direct quotations to a minimum and to make sure that you do not just cut and paste material. Ensure that all your references are cited.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Choose TWO of the following passages: Genesis 3:1-7; Exodus 14:1-12; Leviticus 16:29-34; Numbers 14:11-19; Deuteronomy 30:15-20, and provide a one-page

Choose TWO of the following passages: Genesis 3:1-7; Exodus 14:1-12; Leviticus 16:29-34; Numbers 14:11-19; Deuteronomy 30:15-20, and provide a one-page interpretation of the passage for each based on what you have learned/acquired from the previous assignments performed for this course. As part of this presentation, a clear and concise principle

First, create an outline or concept map that summarizes your communication plan for a significant organizational change or event. Consider the following

First, create an outline or concept map that summarizes your communication plan for a significant organizational change or event. Consider the following examples: a new company branding initiative; the restructuring of a team, department or business unit; a company-wide community service project; the transition of an executive leader; an emergency

Instructions First, create an outline or concept map that summarizes your communication plan for a significant organizational change or event. Consider the

Instructions First, create an outline or concept map that summarizes your communication plan for a significant organizational change or event. Consider the following examples: a new company branding initiative; the restructuring of a team, department or business unit; a company-wide community service project; the transition of an executive leader; an

Comp 3 = Fin Review Walmart’s Financials and Business Model. Revised the attached paper with the requirments. Describe the business, including the type of

Comp 3 = Fin Review Walmart’s Financials and Business Model. Revised the attached paper with the requirments. Describe the business, including the type of business. Create the business case: ·        Determine why funding is needed for the company. ·        Determine the sources of funding. Consider self-funding, borrowing, equity, venture capital, and so on.

Wells Fargo Case Study BACKGROUND: In fall of 2016 federal regulators accused Wells Fargo of falsely opening over 2 million customer credit card and

Wells Fargo Case Study BACKGROUND: In fall of 2016 federal regulators accused Wells Fargo of falsely opening over 2 million customer credit card and checking accounts to meet unrealistic sales quotas (http://money.cnn.com/2016/09/08/investing/wells-fargo-created-phony-accounts-bank-fees/?iid=EL, September 4, 2017).  Since then, Wells Fargo has also been accused of forcing over 500,000 customers into auto insurance policies they did notneed,

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization. It provides vital

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization. It provides vital information to various stakeholders, including investors, creditors, management, and government agencies, enabling them to make informed decisions. Here’s a breakdown of key aspects within accounting: Financial Statements: These are the

Comp 3 = Fin Review Walmart’s Financials and Business Model. Revised the attached paper with the requirments. Describe the business, including the type of

Comp 3 = Fin Review Walmart’s Financials and Business Model. Revised the attached paper with the requirments. Describe the business, including the type of business. Create the business case: ·        Determine why funding is needed for the company. ·        Determine the sources of funding. Consider self-funding, borrowing, equity, venture capital, and so on.