Explain how the scope of things included in consolidated statements has gradually grown over time under IFRS
Question:
Explain how the scope of things included in consolidated statements has gradually grown over time under IFRS and US GAAP.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
In the early twentieth century when group accounting was being pioneered in the USA groups te...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Comparative International Accounting
ISBN: 9781292296463
14th Edition
Authors: Christopher Nobes, Robert Parker
Question Posted:
Students also viewed these Business questions
-
China Petroleum and Chemical Corporation China Petroleum and Chemical Corporation (CPCC) is one of a growing number of Chinese companies that has cross-listed its stock on foreign stock exchanges. To...
-
On January 1, Year 1, Parker, Inc., a U.S.-based firm listed on the NY Stock Exchange, purchased 100 percent of Suffolk PLC, an entity operating in the oil industry, located in Great Britain. Parker...
-
BRC International AG is a Germany-based multinational company that is listed on the Frankfurt, London and New York Stock Exchanges. In response to requests by analysts to improve transparency for...
-
Consider a lottery L1 = [0.5, A; 0.5, L2], where U(A) = 4, and L2 = [0.5, X; 0.5, Y] is a lottery, and U(X) = 4, U(Y) = 8. What is the utility of the the first lottery, U(L1)?
-
An estimator n = h(W 1 , . . . ,W n ) is said to be asymptotically unbiased for if = . Suppose W is a random variable with E(W) = and with variance 2 . Show that W 2 is an asymptotically unbiased...
-
D. Carson and F. Leggatt formed a partnership on June 1 to operate a shoe store. Carson contributed $50,000 cash and Leggatt contributed $50,000 worth of shoe inventory. During the month of June, the...
-
Learned how to find probabilities of discrete events by using the probability rules of Chapter 3. LO8
-
Sirotka Retail Company began doing business in 2015. The following information pertains to its first three years of operation: Assume the following: The income tax rate is 40%. Purchase and sale...
-
Part B (4 marks) 1) Under what circumstance does unrealised gain or loss arise? 2) State how unrealized gain or loss are handled for trading securities, available-for-sales securities and...
-
Duff Co manufactures three products, X, Y and Z. Demand for products X and Y is relatively elastic whilst demand for product Z is relatively inelastic. Each product uses the same materials and the...
-
Compare, as between US GAAP and IFRS, the calculation and treatment of goodwill on consolidation.
-
Are intangible assets recognised sufficiently under IFRS and US rules?
-
A company needs to manage a project which consists of the following set of activities. Draw an AON network. Determine Earliest Start time (ES), Earliest Finish time (EF), Latest Start time (LS),...
-
Suppose a small flashlight bulb is on the bottom of the bathtub of Problem 19, directly under the toy boat. When this bulb is lit and the ceiling light is turned off, how does the size of the shadow...
-
Draw a scatter diagram and find \(r\) for the data shown in each table in Problems 25-30. X 85 90 y 80 40 100 30 102 28 105 25
-
Rothera Point Utilities (RPU) provides customers with 7 million megawatt-hours (MWh) of electricity each year. RPU operates three different generation facilities to meet this demand: the Rothera...
-
Explain the components of the path evaluation function f(node) used by A*. Do you think it is the best evaluation function that could be used? To what kinds of problems might it be best suited? And...
-
Celvin FoodStuff operates a chain of mini conve- nience stores in downtown city settings, offering beverages, snack food, and some fresh food items to passing pedestrian traffic. A typical Celvin...
-
Do you believe it is unethical to exaggerate the extent of injuries suffered in an automobile accident resulting from another drivers negligent driving in an effort to increase the amount of a...
-
Stephen Schor, an accountant in New York City, advised his client, Andre Romanelli, Inc., to open an account at J. P. Morgan Chase Bank, N.A., to obtain a favorable interest rate on a line of credit....
-
Explain how international differences in the ownership and financing of companies could lead to differences in financial reporting.
-
Do international differences in the rules for the calculation of taxable income cause accounting differences, or is the influence the other way round?
-
Why is it difficult to establish a causal relationship between specific external factors and international differences in accounting? Discuss the methodological problems in identifying possible...
-
A section 83(b) election creates ordinary income at the time of the grant. Ture or False
-
You are thinking of buying a stock priced at $99 per share. Assume that the risk-free rate is about 4.5% and the market risk premium is 6.4%. If you think the stock will rise to $125 per share by the...
-
The transactions in this practice set were completed by Hydro Paddle Boards, Inc. during January, the first month of the companys fiscal year. Hydro Paddle Boards, Inc. is a manufacturing corporation...
Study smarter with the SolutionInn App