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: 80% (5 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...
-
When law-abiding citizens purchase a gun, they customarily are required to obtain a gun permit. Consequently, the names and addresses of people who possess guns are available in public records. A...
-
The wing of an airplane flying in gusty wind has been modeled as a spring-mass-damper system, as shown in Fig. 14.32. The undamped and damped natural frequencies of the wing are found to be...
-
Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company...
-
Does an excellent Employee Value Proposition make their employees want to stay with a company for a long time? how
-
1. The local government is running a flu vaccination program. Are the following costs fixed, variable, or step costs? (a) Costs of occupancy (b) Costs of management (c) Costs of part-time employee...
-
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 spring used to absorb shocks and vibrations is: (a) Open coiled helical spring (b) Close coil helical spring (c) Leaf spring (d) Spiral spring
-
Consider a situation where the true aggregate marginal abatement cost curve is given by -C'(E)= a-bE, and the marginal damage function by D'(E)= d.E. The regulator believes the true marginal...
-
Our derivation of the Weitzman theorem has proceeded by assuming that the uncertainty in the abatement cost and damage functions ( and , respectively) are uncorrelated. If we generalize the problem...
-
The example images in the text for Fade do not quite line up in the vertical direction (the mandrill's mouth is much lower than Darwin's). Modify Fade to add a transformation in the vertical...
-
Determine whether the following code fragment takes linear time, quadratic time, or cubic time (as a function of \(n\) ). for (int i = 0; i < n; i++) for (int j = 0; j < n; j++) j) C[i][j] 1.0; if (i...
-
Consider an industry consisting of two firms (j=1 and 2) that produce a consumer good and pollution. The abatement cost and damage functions are: (a) Determine the firms marginal abatement cost...
-
List and briefly discuss the seven characteristics of cancer cell that cause them to be abnormal?
-
a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...
-
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...
-
For each of the following: identify all critical numbers and use these to determine all region(s) where the function is increasing as well as all region(s) where the function is decreasing. Then...
-
Determine the most suitable data structure for the above graph and show it adjacency representation. (5 markah/marks)
-
The table gives the outdoor temperatures observed by a science student on a spring day. Draw a graph of the data, and find the average rate of change of temperature between the following times: a)...
Study smarter with the SolutionInn App