Question

In: Accounting

Do you agree with the change in US GAAP from purchase and pooling of interest methods...

Do you agree with the change in US GAAP from purchase and pooling of interest methods to the acquisition method? What are a few advantages and disadvantages?

Solutions

Expert Solution

Yes..


Related Solutions

Why are the standards in GAAP different for loss and gain contingencies? Do you agree? Why...
Why are the standards in GAAP different for loss and gain contingencies? Do you agree? Why or why not?
Explain change management and its change management theories. Do you agree that only change is certain?...
Explain change management and its change management theories. Do you agree that only change is certain? Part B – Case
Discuss a bill of interest to you. Do you agree with the position of the nursing...
Discuss a bill of interest to you. Do you agree with the position of the nursing organization (ANA or state association)? Why or why not? Describe how nursing organizations work to promote policies that are patient-centered and move the profession forward?
Intuitively, do you agree with the idea that technological change and institutions improve the productivity of...
Intuitively, do you agree with the idea that technological change and institutions improve the productivity of capital, consquently improving output per worker? Give economic logic (if possible with real life example) behind your agreement or disagreement. How do policies aimed to counteract business cycle movements interact with movements in job flows, labor market matching process, and worker flows? How might different institutions and policies affect employment in a labor market through varying levels of workers’ bargaining power?
Given that Japanese GAAP is different from US GAAP, what would be some of the steps...
Given that Japanese GAAP is different from US GAAP, what would be some of the steps US Companies need to take to reconcile their financial statements to Japanese GAAP (or vice versa) should a company decide to issue their statements in the other country?
using the US debt clock What do YOU think about the public debt? Do you agree...
using the US debt clock What do YOU think about the public debt? Do you agree or disagree with the video? Which part and why/why not? Try to use the economic concepts you have learned from this course, and minimize any political leanings. What kinds of changes can we expect in government spending OR tax increase OR BOTH to bring the deficit down? What else can be done to bring the public debt down besides change in government spending or...
State whether you are for or against this proposed change from GAAP to IFRS, defending your...
State whether you are for or against this proposed change from GAAP to IFRS, defending your position with at least three points.​
Government spending unnecessarily affects us all as taxpayers. Do you agree? why?
Government spending unnecessarily affects us all as taxpayers. Do you agree? why?
US GAAP and IFRS have different standards for how interest and dividends are shown on the...
US GAAP and IFRS have different standards for how interest and dividends are shown on the Statement of Cash Flows. Which standards do you think are better? Why?
US GAAP and IFRS have different standards for how interest and dividends are shown on the...
US GAAP and IFRS have different standards for how interest and dividends are shown on the Statement of Cash Flows. Which standards do you think are better? Why?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT