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noor301 · Sep 14, 2009, 05:47 AM

I published my question before but I can't find it . Anyway I want help choosing atopic for my research I was thinking about some as

1. GAAP vs IFRS
2. the IRSB response to the accounting issues emerging from the global financial crisis .

I can't find enpough references for both topics . I want help if you know any references or any more interesting topic . Please help I need this research for my graduation .

Thanks

Valentino007 · Sep 14, 2009, 09:40 AM

Hello

Valentino007 · Sep 14, 2009, 09:43 AM

Cowher Co. Hinson Co.

equipment cost 450,000 825,000
Accumulated depreciation 145,000 525,000
Fair market value of equipment 280,000 350000
cash received (paid) (70,000) 70,000

Cowher and Hinson traded the above equipment. The exchange has commercial usage, make JE

morgaine300 · Sep 15, 2009, 01:13 AM

Valentino, please start a new thread for your question. It just confuses things to have different things going on in the same thread, especially since yours has nothing to do with the original.

Also please read the guidelines for posting homework problems:
Ask Me Help Desk - Announcements in Forum : Homework Help

morgaine300 · Sep 15, 2009, 01:18 AM

Noor, I think you could take #1 and make it more interesting by delving into the advantages/disadvantages of switching to one international method and the practicality of doing so. However, I can't give you much help in finding material for that. I'm fairly terrible at searching for anything beyond simple. LOL.

noor301 · Sep 15, 2009, 02:37 PM

Thanks for replying I just got anew idea , I do that every day changing my mind lol , any way I'm thinking of something like ( the challenges facing graduates under US GAAP in using IFRS ) I really don't know yet I'm running out of time what do you think??

noor301 · Sep 15, 2009, 02:39 PM

Don't you have any suggestions of data bases I can use?? Thank you

morgaine300 · Sep 15, 2009, 05:31 PM

I like your idea, and it's a bit connected to my idea. For instance, the challenge is one of the disadvantages. And it's not just a challenge for graduates. In reality, it's more of a challenge for non-recent graduates. I should know. :rolleyes: Doing anything "global" when I was in school (accounting or otherwise) was usually elective stuff, and we didn't have such a class in the accounting department. And I'm sure people elsewhere were not learning GAAP -- things were much less organized back then anyway. (Like most of Europe.) So recent graduates actually have the advantage.

You could limit it down to graduates, but that will most definitely apply to non-recent graduates as well. Might depend on how much info you can find and how long it has to be, and if you have to "expand" the topic a bit. ;) If you need some more "filler" one of the challenges is going to be dealing with U.S. tax law, so you could start looking into that as well.

rehmanvohra · Sep 16, 2009, 12:45 AM

I published my question before but I can't find it . Anyway I want help choosing atopic for my research I was thinking about some as

1. GAAP vs IFRS
2. the IRSB {I think it is IASB}response to the accounting issues emerging from the global financial crisis .

I can't find enpough references for both topics . I want help if you know any references or any more interesting topic . Please help I need this research for my graduation .

There are so many websites which will surely help you. I have used the following sites:
Iasplus.com - Deloitte
Pwc.com - Price Waterhouse Coopers
Kpmg.com
Ey.com - Ernst and Young

The premier UK examining bodies have issued discussion papers on both the topics:
Accaglobal.com
Cimaglobal.com

If you need further help, you are most welcome to contact me.