Hello there!

Below is my choice of a portfolio project for the last week. Please read it carefully and fullfill the requirements in YOUR OWN WORDS.

PS. The project portfolio should be in an MS PowerPoint file and according to APA style.

Portfolio Project Choice #2: Major Differences between U.S. GAAP and IFRS/IAS

You are tasked with creating a presentation for your multinational (real or fictitious) to inform the company about convergence and the implications of international accounting on the organization.

Part I

• Provide a brief overview of your multinational corporation within the context of the global marketplace.
• Provide a detailed history of the convergence project between U.S. GAAP and IFRS/IAS.
• Discuss the major differences between U.S. GAAP and IFRS/IAS applications.
• Analyze how cultural differences impact interpretation of IFRS/IAS, using specific examples from countries that have adopted IFRS/IAS and specific examples of how this affects your corporation.

Part II

• Explain transfer pricing in detail.
• Assess how transfer pricing impacts your corporation.
• Provide a detailed example of how transfer pricing can be used successfully by your multinational corporation.

Part III

• Compare and contrast the various methods of translating foreign currency financial statements.
• Provide a recommendation of which method best suits your corporation.

Your completed Portfolio Project (Parts I, II, and III) must be a 16-20 slide PowerPoint presentation (not including title and reference slides) with presenter notes supported by a minimum of four (4) sources in addition to your textbook. Use and apply theories and concepts from the course material and integrate course material where it is useful, but be sure to provide analysis, not merely descriptions. Your sources should be cited according to theCSU-Global Guide to Writing and APA Requirements. The CSU-Global Library is a good place to find these references.

Compile all parts of your Portfolio Project (Parts I, II, III) and submit as a single presentation.