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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
· 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.
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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