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Fair Market Accounting Please respond to the following: CreateanargumentfortheuseofFairMarketAccountingasopposedtohistoricalcost.Providesupportforyourargument. Evaluatetheeffectivenessoftheaccountingprincipleguidelinesfordeterminingthemarketvalueofanasset,indicatingimprovementstotheseguidelines.Providesupportforyourrecommendations. Accounting for Derivatives Please respond to the following: Assesstherisksassociatedwithderivativesinstruments,indicatinghowtheserisksmaybeminimizedforapublicallytradedcompany.Providesupportforyourrationale. Asaninvestor,assessthepotentialfinancialconcernstoberaisedwhenreviewingthefinancialstatementsofapublicallytradedcompanycontainingderivativeinstrumentsprovidingarecommendationforhowtheconcernsmaybeidentifiedandaddressed. Each question should be answered
"Fair Market Accounting" Please respond to the following:
- CreateanargumentfortheuseofFairMarketAccountingasopposedtohistoricalcost.Providesupportforyourargument.
- Evaluatetheeffectivenessoftheaccountingprincipleguidelinesfordeterminingthemarketvalueofanasset,indicatingimprovementstotheseguidelines.Providesupportforyourrecommendations.
"Accounting for Derivatives" Please respond to the following:
- Assesstherisksassociatedwithderivativesinstruments,indicatinghowtheserisksmaybeminimizedforapublicallytradedcompany.Providesupportforyourrationale.
- Asaninvestor,assessthepotentialfinancialconcernstoberaisedwhenreviewingthefinancialstatementsofapublicallytradedcompanycontainingderivativeinstrumentsprovidingarecommendationforhowtheconcernsmaybeidentifiedandaddressed.
Each question should be answered with at least 200 words
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