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Explain the IRFS and GAAP, homework help – termpaperbuddy.com | Instant Assignment Help
APA graduate writing must have year of reference as a citation
References written in apa style 3 or more
citation must match references
Example: Smith. 2017, p. or para the company you selected in Unit 1, compare and contrast the following pronouncements and the current GAAP standards:
The method this assignment must be done:
a. 2-4 pages of word document on discussion of IFRS 13, IAS 1 and 16.
b. Update IA chart with the new information about the key provisions of the standards (IFRS 13, IAS 1 and 16) that you discuss
c. Review the financial statements of the company you chose from SEC EDGAR website, explain what accounts would be affected by IFRS 13, IAS 1 and 16 that you discussed above. How would company make changes to modify the financial statements? (400-600 words discussion)
Three separate document and no outline.
For the company you selected in Unit 1, compare and contrast the following pronouncements and the current GAAP standards:
- Inventory costing method (IAS2)
- Valuation of the property plant and equipment (IAS16)
- Fair value measurement standards (IFRS 13)
Make any necessary updates to the financial statements based on your understanding of the new IFRS.
Update your impact analysis chart with the new information you have for your company.