ACC 541 Complete Class
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ACC 541 Week 1 DQ 1
What is the importance of the mission of the FASB?
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ACC 541 Week 1 DQ 2
Under current GAAP, goodwill is recorded when purchased.
Debate:
Present arguments in favor or against the capitalization of "purchased" goodwill. You may consider tying your arguments to theories of capital maintenance and/or the Conceptual Framework.
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ACC 541 Week 1 Individual Accounting Standards Boards Paper
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are currently working on a joint venture referred to as the convergence project.
Write a 1,050- to 1,400-word paper describing the relationship between the IASB and the FASB. Include the following in your paper:
· A brief history of the relationship between the two boards and the IASB equivalents of the FASB original pronouncements
· An explanation of how the MSA program prepares the student for a professional life within the accounting vocation
Format your paper consistent with APA guidelines.
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ACC 541 Week 1 Summary
Please post your Weekly Summary here. It needs to be a summary of what you learned, liked or disliked etc. Needs to be in your own words in order to earn points.
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