ACC 499 Week 2 DQ 1 Equity-Based Compensation and
DQ 2 Harley-Davidson( B) 2010
Week 1 Discussion 2 " Leasing Restatements in the Restaurant Industry " Please respond to the following: From the case study, create an argument for the use of principlesbased accounting for leases over rules-based accounting under GAAP, based on the financial statement restatements in the restaurant industry. Provide support for your argument. Assess the materiality of the errors, direction provided by the Securities and Exchange Commission( SEC), and the Sarbanes- Oxley Act( SOX) on the decision by management to restate the financial statements. Indicate the likely impact to stakeholders when financial statements are restated.
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ACC 499 Week 2 DQ 1 Equity-Based Compensation and
DQ 2 Harley-Davidson( B) 2010
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Week 2 Discussion 1 " Equity-Based Compensation " Please respond to the following:
· From the e-Activity, discuss the impact of adopting IFRS reporting on equity-based accounting for financial reporting and tax payments. Then, recommend a strategy for companies adopting IFRS to minimize the impact of the accounting treatment.
· Examine the potential results of measuring the fair market value of the equity-based compensation at the grant date on financial statements under GAAP only. Provide recommendations you would make to minimize any distortions in fair market value Week 2 Discussion 2 " Harley-Davidson( B) 2010 " Please respond to the following: