Fall, $2019$ Bruce & Emmett Part $3$ Group Assignment

In addition, Bruce & Emmett have heard there have been several recent accounting changes as documented in the FASB Codification. Your group will be assigned one or two of the accounting topics below on which to report the following:

d$1.)$ The main provisions of the new pronouncements

d$2.)$ How the accounting treatment of the new pronouncement differs from before

d$3.)$ The effective date$($s$)$ of the new pronouncement

d$4.)$ How the accounting treatment compares with IFRS

The Topics are:

$1.$ Extraordinary & Unusual Items

$2.$ Comprehensive Income

$3.$ Business Combinations

$4.$ Leases

$5.$ Distinguishing Liabilities from Equities

$6.$ Earnings Per Share

$7.$ Goodwill Impairment

$8.$ Restricted Cash on the Statement of Cash Flows

$9.$ Revenue from Contracts with Customers