ACC 573 help A Guide to career/uophelp.com ACC 573 help A Guide to career/uophelp.com | Page 9

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.
--------------------------------------------------------------------------------
ACC 573 Week 5 DQ 1
For more course tutorials visit
www.uophelp.com
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, indicating improvements to
these guidelines. Provide support for your recommendations.
Create an argument for the use of Fair Market Accounting as opposed to
historical cost. Provide support for your argument.
--------------------------------------------------------------------------------
ACC 573 Week 5 DQ 2