From the Description and Status of Current Issues section of
the FASB Website, choose one (1) of the current issues, and
analyze the EITF’s conclusion(s). Based on your analysis,
make at least two (2) recommendations that would enhance the
EITF’s conclusion(s). Provide a rationale to support your
recommendation.
From the Exposure Drafts and Public Comment Documents
section of the FASB Website, choose one (1) public comment
on the most recent exposure draft issued by EITF. Analyze the
chosen public comment, and give your opinion on whether or
not you agree with the commenter. Support your position with
at least two (2) examples.
Imagine that your company has tasked you with proposing a
new agenda item for the EITF to consider. Create a scenario
for one (1) accounting issue that you would propose, and
support that proposal with a brief statement of the issue(s).
Use at least three (3) quality academic resources in this
assignment. Note: Wikipedia and other Websites do not quality
as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.