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ACC 499 Week 4 DQ 1 Fair Value Accounting Under IFRS
and DQ 2 Asset Impairments
recommendation on contract extension for Stern based on his contribution to the financial stability of the company . ===================================================

ACC 499 Week 4 DQ 1 Fair Value Accounting Under IFRS

and DQ 2 Asset Impairments

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Week 4 Discussion 1 " Fair Value Accounting Under IFRS " Please respond to the following :
· From the e-Activity , in terms of which takes precedence and provides the most information , evaluate the potential interaction of IFRS13 fair value measurement with other IFRS fair value measurement standards . Create an argument for the increased disclosure requirements under IFRS 13 as compared to other IFRS standards addressing fair value measurement . Provide support for your argument .
· Examine the main problems that an entity may encounter , and determine the highest and best use for fair value measurements under IFRS 13 . Identify and provide alternative recommendations that can be used for determining fair value of assets when active markets are not available . Week 4 Discussion 2 " Asset Impairments : The Recession of 2008-2009 " Please respond to the following :
· From the case study , compare the disclosure notes provided in Nestle , Swatch Group , and Royal Bank of Scotland with the disclosure notes of News Corp and CBS Corporation . Explain which disclosure notes are more informative to the stakeholders in the evaluation of the financial statements .