Fair value accounting for financial securities at Alphabet

 Your mission: Untangle the accounting web created by a bunch of theory people in Connecticut (and academics, damn them :-)), who don’t really understand the consequences of their actions. Please review the following materials: https://hbsp.harvard.edu/import/616229 This is a case on Alphabet (Google’s parent company). http://www.berkshirehathaway.com/letters/2018ltr.pdf This is Warren Buffett’s letter to shareholders. Please also review his financial statements. Here’s the assignment, and this one requires a combination of analysis and creativity: You’re asked to advise people on how to review financial statements of Berkshire and Alphabet given the volatility of the gains/losses, and you’re asked to write the outline of a letter to the FASB suggesting changes to the accounting standards to better reflect reality and limit volatility in reported earnings. Output: a sensitivity table showing the effect of changes at various levels to Alphabet and Berkshire earnings from changes in the value of their holdings as of the latest balance sheet date. A 1 page outline of how you would change the accounting standard. USE YOUR RESOURCES–there are accounting professors and others who have spent time on this topic.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

I need a short story done where I am the

I need a short story done where I am the artist. (Any questions please feel free to ask me)  In this assignment, you will create an artifact where you are the artist. Some ideas to consider include: Reading a scene from a play, a poem, or a short story. (This

Why do retailers discount heaviest near Christmas, when demand is

Demand Curves 1.     Why do retailers discount heaviest near Christmas, when demand is highest? Why are such discounts larger in electronics and apparel than in automobile? What are such discounts almost non-existent for baby items? Why are there so many different types of cereal, although very few cereal manufacturers? Why

due5/15 Chapter 14: Recap Assignment 1. What the following clip

due5/15 Chapter 14: Recap Assignment 1. What the following clip and answer the questions below: https://www.youtube.com/watch?v=i-Pm5092a0c Describe the difference between polygyny and polyandry. What are the benefits of having multiple partners? What are the disadvantages? Do you feel that polygamy should be legal in the US? 2. Some researchers have

Alternative Choice Decisions With alternative choice decisions, managers seek to

  Alternative Choice Decisions With alternative choice decisions, managers seek to choose the alternative most likely to accomplish the objectives of the organization. In addition to ROI, discuss other business objectives that may be important in the choice of the best alternative. Submission Instructions: Any written explanations should use complete

Find an example of an organized anti-RFID group that wants

Find an example of an organized anti-RFID group that wants to stop the spread of RFID technology. What are their assumptions about RFID technology and its impact on society and business? Do you agree or disagree with the anti-RFID group? Why or why not? APA 7  300 words 2 x

Tax Expense [WLOs: 1, 2, 3, 4, 5, 6] [CLOs:

  Tax Expense [WLOs: 1, 2, 3, 4, 5, 6] [CLOs: 1, 2, 3, 4, 5] Prior to beginning work on this discussion forum, read Chapters 7 and 8 and access the most current Coca-Cola Company’s Securities and Exchange Commission (SEC) 10K filing on the All SEC Filings (Links to an

Week 3 Discussion: Ethical and Social Responsibilities of Entrepreneurs No

   Week 3 Discussion: Ethical and Social Responsibilities of Entrepreneurs No unread replies.No replies. Week 3 Discussion 24 points Learning Objectives · Develop the ability to identify ethical and legal issues · Develop an approach to resolve ethical/legal dilemmas once identified · Define and describe corporate social responsibility (CSR) and

Virtualization and cloud services continue to gain momentum as more

  Virtualization and cloud services continue to gain momentum as more  and more organizations desire to reduce costs while improving  efficiency. According to Portnoy (2012), “Once the infrastructure  services are virtualized and an organization starts to reap some of the  fiscal benefits of their new strategy, an active program is

Discuss your understanding of Gestalt counseling. Include a specific population

 Discuss your understanding of Gestalt counseling. Include a specific population that you desire to work with in the future *(Hispanic young adults). Discuss the advantages and disadvantages of using Gestalt counseling with the chosen population. Focus on the following as it relates to the specific populations: (a) culture, (b) ethnicity, (c) sexual

We have analyzed the economic policies and factors that impact

We have analyzed the economic policies and factors that impact insurance companies, providers, and the hospital industry. In this discussion, we will examine the economics of the pharmaceutical industry. Marketing accounts for a much larger portion of the expenses in the pharmaceutical industry than in other healthcare industries. The FDA

Population Modeling Exercise

 Assignment 4 will require the use of R and WiSP software. Please review the materials below. To receive credit for this assignment, you must upload a document file containing a screenshot that captures your results (showing that you input the appropriate data into WiSP through the final step of the

● Describe the culture of the organization where you are

  ●      Describe the culture of the organization where you are an intern. Provide observations on whether it is hierarchical or a flat organizational structure. ●      Is one person managing your department or is your function done through consensus. Do you feel represented in your company’s culture? ●      Is there a mission statement

Overview Monitoring a marketing strategy from start to finish helps

Overview Monitoring a marketing strategy from start to finish helps you assess a marketing plan and its effectiveness. You are a regional marketing director of a theme park responsible for creating a customizable template for strategic marketing. This template can be used across all parks. Now, to identify continuous improvement

You are a project manager for a large hospitality firm

  You are a project manager for a large hospitality firm (for example, Marriott International) who will be in charge of the firm’s HQ office relocation. You have been asked to speak to the HR staff about the move, as many of them have very little understanding of project management.

HIPAA for Nurses: the privacy rule.

Organized: Title page has running head on the top left header of paper and pages are numbered in the top right header. The body of the paper should be a minimum of four (4) typed pages and maximum of six (6) typed pages. This does not include title page, outline,

Presentation that describes communication barriers within an

Create a 6–8-slide PowerPoint presentation that describes communication barriers within an interdisciplinary team and how those barriers affect patient safety and health care outcomes. Offer a solution in which you recommend evidence-based strategies to improve communication within the team and explain how the strategies benefit the team and patients. The

Module Learning Outcomes (MLOs) Assessed by Coursework 1. MLO 1

 Module Learning Outcomes  (MLOs) Assessed by Coursework  1. MLO 1 – Establish a conceptual understanding of procurement and supply chain strategies within  the built environment projects.  2. MLO 2 – Implement and critically evaluate appropriate procurement processes by which  construction projects and services are acquired from internal and/or external sources.