What is the main difference between the two approaches to accounting standard-setting taken by the FASB and
Question:
What is the main difference between the two approaches to accounting standard-setting taken by the FASB and the IASB?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
The main difference is in the approaches taken by IASB and FASB for ...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
International Accounting
ISBN: 978-1260466539
5th edition
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
Question Posted:
Students also viewed these Business questions
-
What is the main difference between a perpetual inventory system and a periodic inventory system?
-
What is the main difference between WebTrust and SysTrust Services?
-
What is the main difference between classification and clustering? Explain using concrete examples.
-
12. Bill thinks that welfare is needed in some cases. However, his friends in the Young Republicans taunt him every time he makes his views known. As a result, he accepts their views in order to...
-
Which of the three-phase reactions in the iron-carbon diagram is most important in understanding the behavior of steels? Write this reaction in terms of the interacting phases and their composition.
-
Refer to Apples financial statements in Appendix A. Assume that the owners, sometime during their first five years of business, desire to expand their computer product services to meet business...
-
For each of the following ratios, is a high ratio or low ratio considered, in general, a positive sign? a. Current ratio b. Quick ratio c. Operating-cash-flow-to-current-liabilities ratio d. Accounts...
-
The block diagram of a conventional feedback control system contains the following transfer functions: (a) Plot the Bode diagram for the open-loop transfer function. (b) For what values of K is the...
-
Paraphrase Whereas profit growth is subject to short-term influences and accounting manipulation. Reminding yourself that intrinsic value can be calculated in different ways, so performance-based...
-
Chen Group is in the process of adjusting and correcting its books at the end of 2019. In reviewing its records, the following information is compiled. 1. Chen has failed to accrue sales commissions...
-
To what extent have IFRS been adopted by countries around the world?
-
What is the current status of convergence between the FASB and the IASB?
-
Beginning balances in the equity accounts were as follows: Common stock, at par . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,500 Paid-in capital in excess of par...
-
Newton's Laws Recall Newton's third law of motion -- For every reaction there is an equal and opposite reaction. Your friend says: "If that is true, that means that the force of gravity the Earth...
-
While "[t]he Islamic Republic of Iran does not publicly communicate on their cyber offensive doctrine," [1] in what ways does the observed use of their capabilities showcase Iran "play[s] by...
-
Is marketing through social media the most important outlet for a business in the current time? Do you agree that adequate investment in online marketing and in social media advertising is the best...
-
Upon joining a newly set-up company based in Malaysia, your have been assigned to lead a team to purchase an aircraft where you are required to fulfill mandatory requirements as required by the...
-
It has come to the attention of the National Payroll Institute Academic Integrity Committee that your assignment has been flagged with a possible violation. We require further clarification in...
-
LDS Hospital in Salt Lake City has a computer system that records all procedures performed on patients and all drugs administered. The computer system can track which surgeons are the best and which...
-
3M Company reports the following financial statement amounts in its 10-K report: a. Compute the receivables, inventory, and PPE turnover ratios for both 2018 and 2017. (Receivables turnover and...
-
Compare the degrees of prudence found in accounting for employee benefits in Germany, Italy and the United States.
-
Explain, using various examples, the causes of deferred tax assets and deferred tax liabilities under US accounting rules.
-
Examine whether a deferred tax liability arising from temporary differences on the revaluation of an asset meets the IFRS/US definition of a liability.
-
You want to quit your job and go back to school for a law degree 8 years from now, and you plan to save $ 1 , 6 9 1 per year until then. At the beginning of each year, starting today, you will...
-
provide a cost comparison between building a bamboo house and concrete house
-
Turnbull Co . is considering a project that requires an initial investment of $ 2 7 0 , 0 0 0 . The firm will raise the $ 2 7 0 , 0 0 0 in capital by issuing $ 1 0 0 , 0 0 0 of debt at a before - tax...
Study smarter with the SolutionInn App