ACC 541 Week 1 Individual Assignment Accounting Standards Boards Paper
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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, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker.
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ACC 541 Week 2 Individual Assignment Client Understanding Paper
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As a newly hired Staff I, you are responsible for analyzing the work papers for one of the clients of your organization. Your client is not clear about why you are asking for information on the following topics:
• Adjusting lower cost of market inventory on valuation
• Capitalizing interest on building construction
• Recording gain or loss on asset disposal
• Adjusting goodwill for impairment
Write a 1,050- to 1,400-word response that addresses your client’s questions.
Format your paper consistent with APA guidelines, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker....