Consolidation And Special Issue Ip5 Acct430

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Choose a company from the SEC EDGAR Web site for your Key Assignment to evaluate for the impact of convergence to IFRS.

Part 1

Deliverable Length: 1,000–1,200 words

Review the financial reports and notes of the company you have chosen from the EDGAR Web site. Using this company as your point of reference, provide general information on the following questions:
Create an overview on IFRS. What will be some of the main concerns for your company as they move from U.S. GAAP to IFRS? Generate a list of differences that you would expect to see on your Income Statement and your Balance Sheet after the convergence process is complete. Describe what impact the convergence will have on your company’s inventory account (IAS 2). Describe some of the differences between IFRS and US GAAP regarding the accounting for financial instruments Give a minimum of two examples of how your company will be impacted by the conversion process (IAS 32, IAS 39 & IFRS 7)
Part 2

Deliverable Length: 1,000–1,200 words

For this assignment, use the company you have chosen from the EDGAR Web site as your point of reference.

After the reporting period has ended, you could potentially encounter other events that will have impacts on your company (IAS 10).
Describe the recognition and measurement differences currently existing between IFRS and U.S. GAAP. What impacts could these differences have on disclosure requirements?
Create an overview of considerations regarding income taxes that the company may encounter.
Give 2 examples of areas you see as the greatest concern. What impact will the convergence process have on your company’s tax planning?
A key area of contention between IFRS and U.S. GAAP lies in the classification and measurement of leases.
Describe the 2 main types of leases and where the differences lie. What impact will this have your company?
Give your opinion on the U.S. moving into IFRS.
For the company you have selected, what do you see as the major advantages and disadvantages of convergence? Provide a minimum of 3 examples of each supported by your research.
Please submit your assignment.Chapter 11 (Part 2) topics in ALEKS: nursing essay help
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Complete your Chapter 11 (Part 2) topics in ALEKS by the end of this week. If you tested out of these topics in your Initial Knowledge Check, you can still work ahead on the next week’s available topics.
Access ALEKS
Alternatively, you can also access ALEKS by clicking the ALEKS – McGraw-Hill link located in the ALEKS (Assessment and LEarning in Knowledge Spaces) module or by clicking the ALEKS button on the course Home page.Importance of Reputation Management
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Importance of Reputation Management
Write a paper that discusses the importance of reputation management in relation to an organization’s credibility. If a PR person only has their credibility to offer and is only as good as his or her deserved reputation, how can social media help or harm that reputation?

The requirements below must be met for your paper to be accepted and graded:
Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below. Use font size 12 and 1” margins. Include cover page and reference page. At least 80% of your paper must be original content/writing. No more than 20% of your content/information may come from references. Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement. Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.
References must come from sources such as, scholarly journals found in EBSCOhost, CNN, online newspapers such as, The Wall Street Journal, government websites, etc. Sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing.

A detailed explanation of how to cite a source using APA can be found here (link).

Download an example here.
Grading Criteria Assignments Maximum Points
Meets or exceeds established assignment criteria 40
Demonstrates an understanding of lesson concepts 20
Clearly presents well-reasoned ideas and concepts 30
Uses proper mechanics, punctuation, sentence structure, and spelling 10
Total 100

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