Individual Sep 08, 2014 11:59 PM 2 Week4 -Financial Statemen

Published by Beth Roe

Apr 25, 2017


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Individual Sep 08, 2014 11:59 PM 2 Week4 -Financial Statement Analysis Financial Statement Analysis 4.1 Prepare a statement of cash flows using both direct and indirect methods. 4.2 Apply ratio, vertical, and horizontal analyses to financial statements. Objectives/Competencies Required Learning Activities WileyPLUS Assignment: Financial Accounting: Tools For Business Decision Making, Ch. 12 WileyPLUS Assignment: Review Financial Accounting: Tools For Business Decision Making, Ch. 13 Week 4 Electronic Reserve Readings Week 4 Learning Team Collaborative Discussion: Prepare for Week 4 IFRS Essay WileyPLUS Gradebook: Week 4 Gradebook WileyPLUS Assignment: Week 4 Flashcards Activity WileyPLUS Assignment: Week 4 Interactive Tutorials Activity WileyPLUS Read, Study & Practice: Week 4 Practice WileyPLUS Assignment: Week 4 Videos Activity Muddiest Point Examination Preparation Assignments See the student website for additional recommended learning activities that may help you learn this week’s concepts. Title Type Due Points Week 4 Participation Participate in the class discussion. WileyPLUS Assignment: Week 4 Assignment Resource: WileyPLUS Complete the following Week 4 Assignment in WileyPLUS: Do It! 11-1 Exercise 11-5 Exercise 11-07 BYP 11-1 BYP 11-2 Problem 11-5A Problem 11-8A WileyPLUS Assignment: Week 4 Orion Activity Resource: WileyPLUS Complete the following Week 4 Assignment in WileyPLUS. From the Read, Study, Practice screen, click on the ORION: Personalized Practice link in the left corner of the page. Chapter 8 Orion Proficiency report Chapter 9 Orion Proficiency report Chapter 10 Orion Proficiency report Chapter 11 Orion Proficiency report Chapter 12 Orion Proficiency report Chapter 13 Orion Proficiency report Note. Proficiency reports will be repeated each week to check for progress. Comparing IFRS to GAAP Essay Write a 700- to 1,050-word summary of the team’s discussion about IFRS versus GAAP, based on your team collaborative discussions. The summary should be structured in a subject-by-subject format. An introduction and a conclusion are needed. Your essay should include the answers to the following: IFRS 8-1: What are some steps taken by both the FASB and IASB to move to fair value measurement for financial instruments? In what ways have some of the approaches differed? IFRS 9-1: What is component depreciation, and when must it be used? IFRS 9-2: What is revaluation of plant assets? When should revaluation be applied? IFRS 9-3: Some product development expenditures are recorded as development expenses and others as development costs. Explain the difference between these accounts and how a company decides which classification is appropriate. IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example. IFRS10-3: Briefly describe some similarities and differences between GAAP and IFRS with respect to the accounting for liabilities. Format your essay consistent with APA guidelines. Use the Financial Accounting text and at least two additional scholarlyreviewed references.


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