ACC 577 Complete Course ACC577 Complete Course
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ACC 577 Week 1 Discussion
"IFRS" Please respond to the following:
Go to the FASB Website. Review the information related to the FASB / IASB Convergence Work Plan. Next, choose at least two (2) IFRS / GAAP convergence major milestone projects. Based on the projects chosen, predict the likely outcome for each project. Support your response with an example of the likely predicted outcome.
ACC 577 Week 2 Discussion
"Receivables" Please respond to the following:
Analyze the criteria for the sale of receivables. Based on your analysis, propose one (1) method that would achieve the maximum amount of money from the sale. Provide a rationale for your response.
ACC 577 Week 3 Discussion
"IFRS and GAAP" Please respond to the following:
Select a long-term asset or short term liability, and analyze the major way in which IFRS and GAAP differ on the accounting treatment of your chosen asset. Based on your analysis, take a position on which method is more effective in financial reporting. Support your position with at least two (2) examples
ACC 577 Week 4 Discussion
"Revenue Recognition" Please respond to the following:
Go to the FASB Website. Review the information related to the FASB / IASB Revenue Recognition Project Objective and Summary of the Proposed Model Section. Next, analyze at least two (2) major differences regarding revenue recognition between IFRS and GAAP. Based on your analysis, recommend one (1) strategy that would best resolve such differences. Support your recommendation with at least two (2) examples of the successful implementation of the recommended strategy.
ACC 577 Week 5 Discussion
"Taxes" Please respond to the following:
Analyze deferred compensation arrangements. Based on your analysis, justify...