US accounting is the best in the world.' Discuss.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
If good accounting is largely about disclosure and more disclosure is better than less disclosure then perhaps it is easy to agree with the quotation ...View the full answer
Answered By
Muhammad Khurram
I have strong General Management skills to apply in your projects. Over last 3 years, I have acquired great knowledge of Accounting, Auditing, Microsoft Excel, Microsoft PowerPoint, Finance, Microsoft Project, Taxation, Strategic Management, Human Resource, Financial Planning, Business Planning, Microsoft Word, International Business, Entrepreneurship, General Management, Business Mathematics, Advertising, Marketing, Supply Chain, and E-commerce. I can guarantee professional services with accuracy.
4.80+
249+ Reviews
407+ Question Solved
Related Book For
Comparative international accounting
ISBN: 978-0273703570
9th Edition
Authors: Christopher nobes, Robert parker
Question Posted:
Students also viewed these Accounting questions
-
US News & World Report reported on many factors contributing to the breakdown of public education. One study mentioned in the article found that over 90% of the nations school districts reported that...
-
15 May 2017, IFRS Foundation and World Bank deepen cooperation to support developing economies in their use of IFRS Standards, Joaquim Levy, Managing Director and CFO of the World Bank Group (2017),...
-
Accounting for securities investments are different for US GAAP and foreign GAAPs. This difference can create advantages or disadvantages for companies based on where they are located. It is...
-
Metro Credit Union in Charlottetown, Prince Edward Island, loaned $90,000 to David Mann on a six-month, 8% note. Record the following for Metro Credit Union: a. Lending the money on March 6. b....
-
The Elkmont Corporation needs to raise $52.5 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If...
-
In the 1970s, Special Electric Company brokered the sale of crocidolite asbestos, which is the most toxic form of asbestos, to Johns- Manville Corporation. Special Electric never held possession of...
-
If some of the compliances and strengths of an orthotropic lamina satisfy certain conditions, the maximum strain criterion failure surface will intercept the horizontal axis at a point like...
-
The charter for WCAP-TV, Inc. authorizes the company to issue 100,000 shares of $2, no-par preferred stock and 500,000 shares of common stock with $1 par value. During its start-up phase, WCAP...
-
Discuss why 7 . A four - stroke cycle engine may or may not have a pressure boost in the intake system. 8 . The two - stroke cycle engine must always have an intake pressure boost. 9 . The marine...
-
1. What managerial roles is Clarence Otis emphasizing in the case just presented? 2. What challenges would restaurant managers face in implementing Otiss approach to keeping the restaurants...
-
In recent years, the IASC/B has clearly been moving towards the use of current values rather than historical costs. Discuss.
-
To what extent, if at all, is US accounting influenced by accounting in other countries?
-
The change in polarity principle states which of the following? A. Once an uptrend is broken, it becomes a downtrend. B. Once a resistance level is breached, it becomes a support level. C. The...
-
The case states that the firm of A bernethy and Chapman is considering the acceptance of clients that are publicly traded. What specific steps would the firm have to take before they could accept an...
-
What are some disadvantages to using debt to fund your assets?
-
What is another way of saying this: To confirm the expected time to pay back the initial investment for the Salesforce CRM system, an ROI calculation sheet was utilized to obtain the following...
-
What are some disadvantages to using debt to fund your assets?
-
Use the chart below to answer this question. Assume that this chart represents a market value based index with three stocks. How much did the index move overall based on the changes in stock prices?...
-
Define 'feedback control'.
-
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
-
In the event that your company had the opportunity to diversify into other products or businesses of your choosing, would you opt to pursue related diversification, unrelated diversification, or a...
-
What is the difference between the integral theory and the discrete theory with respect to interim financial reporting?
-
Describe the minimum financial information to be disclosed in interim reports under the provisions of FASB ASC Topic 270.
-
Describe the minimum financial information to be disclosed in interim reports under the provisions of FASB ASC Topic 270.
-
You observe the price of a latte changes from $4 to $5. Instructions: Round your answer to one decimal place. If you are entering a negative number include a minus sign. a. What is the percentage...
-
Layer 2 switches work at a simple level for communication and switching. With technology advancing and routers being able to make more complex decisions, why is this method still used?
-
Explore the significance of intermedial allusions in multimedia storytelling, such as in graphic novels or hypertext fiction, and their implications for narrative coherence and interpretation.
Study smarter with the SolutionInn App