Hi$,$

I am trying to put together a study guide for a comprehensive accounting exam and I needed assistance on some of these topics I am adding to my study guide. Please give me some examples to work on with the solutions of what I could see.

Pensions:

$$ Pension Costs: Calculate Pension expenses considering various influencing factors

$$ Pension Disclosures: Grasp mandatory disclosure requirements related to pensions

Taxation Considerations:

$$ Income Determination: Recognize components that constitute gross income.

$$ Entity tax challenges: Examine issues like double taxation for different business entities

$$ Tax Deductions & Credits: Familarize with common deductions and the nature of tax credits

Asset Valuation & Impairment

$$ Impairment Assessment: Delve into the processes for evaluating and calculating asset impairment

$$ Revenue Recognition: Compare U$.$S$.$ GAAP vs$.$ IFRS perspectives on revenue recognition and understand potential red flags.