The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 56 Weeks Ago, 5 Days Ago |
| Questions Answered: | 7570 |
| Tutorials Posted: | 7352 |
BS,MBA, PHD
Adelphi University/Devry
Apr-2000 - Mar-2005
HOD ,Professor
Adelphi University
Sep-2007 - Apr-2017
"Consolidation of Financial Information"
· Please share your general knowledge of the consolidation of financial information.
· Per the FASB, there is a presumption that consolidated financial statements are more meaningful (e.g., provide the most relevant information) than separate financial statements for the end users. Take a position on whether you agree or disagree with this presumption. Provide support for your rationale.
· Analyze the main differences in the definition of control between U.S. Generally Accepted Accounting Principles (GAAP) prepared consolidated financial statements and International Financial Reporting Standards (IFRS) prepared financial statements. Determine which definition of control provides the most useful information to the end users. Provide support for your rationale.
ACC----------- 40-----------1 W-----------eek----------- 2 -----------Dis-----------cus-----------sio-----------n -----------Con-----------sol-----------ida-----------tio-----------n o-----------f F-----------ina-----------nci-----------al -----------Inf-----------orm-----------ati-----------on-----------