accounting theory accounting homework help

International convergence of accounting standards is a major priority of both the International Accounting Standards Board (IASB) and the Australian Accounting Standards Board (AASB). The IASB is nearing completion of a lengthy project to converge its major standards with those of the US Financial Accounting Standards Board (FASB) while the AASB has recently completed Phase 1 of a project to align Australian accounting standards with those of New Zealand

(Charted Accountants, 2016)

Some of these issues include:

•Consolidations

•Fair value measurement

•Financial statement presentation

•Financial Instruments

•Insurance

•Joint ventures

•Leases

•Revenue recognition

•Post employment benefits

Assignment Task

1: Contemporary Issues of Accounting Theory Essay (1000 Words, 20 Marks,)

Students are required to pick 4 issues from the above and provide the following:

1.Overview of the current discussion

2.Rationale for current discussion – why is the project being undertaken (500 words, 5 marks per issue)

Assignment Task 2 Case Study (1,500 Words, 15 Marks)

3.Some authors suggest: “IFRS will not require accounting for stewardship of public funds entrusted, or for the supply of services, both of which are core to the management of local authorities. And we know that a failure to measure almost always means a failure to deliver in management terms. This means we have a potential disaster on our hands.” (Murphy, 2010)

a.  Do you agree with this view? Why, or why not? Justify your answer with suitable explanations. (500 words, 5 marks)

4.Some authors claims that the IASB does not act in the public interest. They are a private cartel

designed and promoted for the benefit of their biggest sponsors –the Big 4 firms of accountants.

a.  Critically examine the validity of the above statement. What are the implications for

accounting in different countries if the above allegation is true?  (500 words , 5 marks)

5. Do you think IFRSs should be adopted by Australian local authorities? Why, or why not?

(500 words , 5 marks)

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.

The post accounting theory accounting homework help appeared first on Nursing Writers Hub.


accounting theory accounting homework help was first posted on February 22, 2021 at 4:09 pm.
©2019 "Essay Lords | Bringing Excellence to students world wide". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at support@essaylords.us

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic Guarantees
  • Free title page and bibliography
  • Free unlimited revisions
  • Plagiarism-free papers
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Progressive delivery
  • Plagiarism report
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double or single line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Writing quality papers is a TOP priority. One expert takes one order at a time.
The service package includes topic brainstorm, research, drafting, proofreading, plagiarism check, citation formatting, and revisions.

Money-back guarantee

We appreciate how valuable your time is. Hence, we make sure all custom papers are 100% original and delivered within the agreed time frame

Read more

Zero-plagiarism guarantee

Each paper is written from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

We see it as our duty to follow all instruction the client provides. If you feel the completed paper does not meet your exact requirements, we will revise the paper if you let us know about the problem within 14 business days from the date of delivery.

Read more

Privacy policy

Your email is safe, we use your personal data for legal purposes only and in accordance with personal data protection law. Your payment details are also secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

You can easily contact us with any question or issues you need to be addressed. Also, you have the opportunity to communicate directly with assigned writer, e-mail us, submit revision requests, chat with us online, or call our toll-free on our site. We are always available to our customers.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
-->