Accounting

Posted: December 10th, 2013

conduct research activities (1) to describe U.S. GAAP and International GAAP (i.e., IFRS), and (2) to evaluate those GAAP’s in the selected topic. The research activities should include the following items in the chosen topic: (1) nature of accounting issues; (2) historical background of the accounting rules in U.S. and International; (3) recognition and measurement rules; (4) presentation and disclosure rules; and (5) future development along with the harmonization efforts of FASB and IASB.