------------------------------------------------------------------------- ACC 573 Week 4 DQ 2
Based on your review of the current requirements of the SEC and FASB , assess the adequacy of the guidelines for ensuring the transparency of off-balance-sheet transactions to investors , indicating where improvements may still be needed . Provide support for your rationale .
As a CFO of a publically traded company , evaluate the pros and cons of using off-balance-sheet financing , including a recommendation as to whether or not you support using these types of arrangements . Provide support for your recommendation
ยท Given the requirements contained in the Act for CEO and CFOs to certify the adequacy of controls and financial statement accuracy , evaluate your comfort level with this requirement should you become a CFO of a publically traded company . Provide support for your rationale .
------------------------------------------------------------------------- ACC 573 Week 4 DQ 2
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Based on the information found in the e-Activity , assess the key differences between U . S . GAAP and IFRS reporting for the testing of asset impairment and the requirement to write down