Please write a convergence memo (500-750 words) to the client

 

Please write a convergence memo (500-750 words) to the client discussing the current state of convergence between IFRS and U.S. GAAP on revenue recognition. You may use the “Memo Template” provided. In your memo, be sure to address the following:

  • Locate recently completed convergence projects. Using one of the recent projects completed, describe the similarities and differences in accounting under the international standards and the FASB standards.
  • Discuss how the new standard will impact companies who use GAAP.
  • Using WALMART as an example, review the notes to the financial statements to determine if these standards have been adopted by that company and incorporated in the financial reports. If so, discuss any impact the company indicates is a direct result of conformity with the new standard.
  • Please integrate at least two academic sources, in addition to the AICPA website and the IFRS website, in your discussion.

Requirements: 500-750  

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

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

Related Questions

Parts 1, 2, 3 and 4 have the same questions.

  Parts  1, 2, 3 and 4  have the same questions. However, you must answer with references and different writing, always addressing them objectively, as if you were different students. Similar responses in wording or references will not be accepted. APA format 1) Minimum 7 pages  (No word count per

Select ONE communication program:Harry Potter Procedure: Apply the FIVE-STEP MEDIA

Select ONE communication program:Harry Potter Procedure: Apply the FIVE-STEP MEDIA LITERACY: CRITICAL PROCESS 1. Description  2. Analysis  3. Interpretation 4. Evaluationan 5  Engagement One of the ways to grasp the influence of media is to look at it within the context of culture. The term culture can be narrowly associated with art–forms of expression such as music or paintings

The term “knowledge worker” was first coined by management consultant

  The term “knowledge worker” was first coined by management consultant and author Peter Drucker in his book, The Landmarks of Tomorrow (1959). Drucker defined knowledge workers as high-level workers who apply theoretical and analytical knowledge, acquired through formal training, to develop products and services. Does this sound familiar? Nurses are very

There are different types of quantitative research designs that justify

There are different types of quantitative research designs that justify or support themselves in nursing research. Choose one quantitative type design and identify a major advantage and a major disadvantage of this design. Give an example how this quantitative research design could be used in nursing practice to solve a

Hi there! My name is Serena. I am a content

   Hi there!  My name is Serena. I am a content writer and blogger. Your website really resonated with me, so I wanted to get in touch with you to find out if you accepted any guest posting. Also, I would like to suggest the link exchange option.  If this

There is a difference between public relations, known today as

    There is a difference between public relations, known today as earned media, and advertising, also known as paid media. Both disciplines are important in the overall marketing campaign of a brand, whether it is a product, business, company, service, person, idea, or place. Social media has also become an

Writing an effective résumé and a strong cover letter is

Writing an effective résumé and a strong cover letter is very important in all fields. These are critical tools for job hunting. The purpose of this assignment is to help you in designing your résumé and cover letter. This assignment consists of two parts: Search for five [5] resources that

FOLLOW APA FORMAT 7th EDITION A nurse is discussing nursing

  FOLLOW APA FORMAT 7th EDITION A nurse is discussing nursing actions that can lead to breaches of nursing practice. Match the example to the term it describes. a. Nurse posts about patient’s loud and unruly family members. _____ b. Nurse immediately applies restraints to make the patient stay in

400 words each Political Impacts & Ethical Questions Prior to

400   words each  Political Impacts & Ethical Questions Prior to beginning work on the discussion forum, be certain to have read all the required resources for this week. In your initial post, identify and discuss potential political impacts and ethical questions that could result from the program or policy evaluation

Ethical, Moral, and Legal Leadership

Assignment: Application: Taking a Stand Effective leaders have a high degree of self-awareness and know how to leverage their strengths in the workplace. Assessments are a valuable tool that professionals can use to learn more about themselves and consider how their temperament and preferences influence their interactions with others. As

APA FORMAT MUST USE AT LEAST TWO TO THREE REFERENCES

Premium Paper Help is a professional writing service that provides original papers. Our products include academic papers of varying complexity and other personalized services, along with research materials for assistance purposes only. All the materials from our website should be used with proper references.

Cancerous Diseases Discussion Nursing Assignment Help

I’m working on a health & medical question and need the explanation and answer to help me learn. What are the essential best practices for minimizing the risk of cancerous diseases, encompassing factors such as a balanced and nutritious diet, regular physical activity, avoidance of tobacco and excessive alcohol consumption,

Prior to the financial recession in the late 2000s, some

  Prior to the financial recession in the late 2000s, some companies built up significant cash balances. Since that time some companies have continued to increase their cash and liquid investment balances and a discussion followed over the value of accumulating large cash balances. Research the topic and answer the

Patient Safety and Clinical Quality in Complex Nursing Care

 In this assessment you will reflect on your own development in relation to your professional practice, your knowledge and skill development. This can include reflecting on things you have read and linking theory with practice. This assessment will assess the students’ ability to engage with and critically reflect on their

Week 2 Activity – Total Rewards: A Strategy for Hiring,

  Week 2 Activity – Total Rewards: A Strategy for Hiring, Engaging, and Retaining Overview Keeping up with trends in compensation, benefits, and personal growth packages is a challenge involving many business factors. You will use the multimedia piece Total Rewards: A Strategy for Hiring, Engaging, and Retaining to complete

Discussion – Social, Emotional, and Moral Development Directions: ECE educators

  Discussion – Social, Emotional, and Moral Development Directions: ECE educators need to be aware of how social-emotional development is evident in learning settings, including an understanding of how the learning environment can affect this domain. For your initial post, discuss the following: Refer to the Lesson Content and describe how the development

2–3 page on the automobile industry in which you examine

 2–3 page on the automobile industry in which you examine one of the macroeconomic variables below: Real Gross Domestic Product (GDP). The unemployment rate. The inflation rate. Instructions Write on the automobile industry or a industry that interest you Do research on your industry. In a few short paragraphs, describe

The Marrow Thieves by Cherie Dimaline

Read and analyze The Marrow Thieves by Cherie Dimaline 1. Building on the readings and the in-class discussions we have had about the class material, this assignment asks you to write an essay with an introduction, conclusion, and multiple body paragraphs. In your introduction, give a brief summary of the