ACC 499 Week 10 DQ 1 Taxes and DQ 2 Bethlehem Steel
Corporation ' s
statements. Week 9 Discussion 2 " Apple, Inc." Please respond to the following: �From the case study, in 2009, the FASB issued a ruling related to income recognition from multiple element sales involving software to various stakeholder groups. Evaluate the impact of Apple’ s retrospective restatement of its financial statements resulting from FASB’ s ruling. Provide support for your rationale. �From the case study, examine the influence of both Apple’ s reported deferred revenue and the lobbying by Apple executives on FASB’ s ruling. Indicate your agreement or disagreement with Apple’ s attempt to influence FASB’ s ruling. ===================================================
ACC 499 Week 10 DQ 1 Taxes and DQ 2 Bethlehem Steel
Corporation ' s
Week 10 Discussion 1
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" Taxes " Please respond to the following:
· From the e-Activity, create a scenario reflecting the differences between GAAP and international accounting standards for taxes. Determine which reporting standard best reflects financial reporting for taxes, and support your position.
· Examine the impact of FIN 48( Accounting for the Uncertainty in income taxes) on GAAP reporting. Identify the benefits of the requirements on financial reporting. Assess whether FIN 48 was necessary, and support your position.
Week 10 Discussion 2 " Bethlehem Steel Corporation ' s Deferred Taxes " Please respond to the following: