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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
the asset value. Indicate whether or not you support the U.S.
GAAP or IFRS approach. Provide support for your position.
As an investor, recommend a strategy for evaluating long-lived
asset values contained on the balance sheet of a publically
traded company so as to minimize the risk to the investor.
Provide support for your strategy.
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ACC 573 Week 5 DQ 1

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Create an argument for the use of Fair Market Accounting as
opposed to historical cost. Provide support for your argument.
Evaluate the effectiveness of the accounting principle
guidelines for determining the market value of an asset,