We are confident that we have the best essaywriters in the market. We have a team of experienced writers who are familiar with all types of essays, and we are always willing to help you with any questions or problems you might face. Plus, our writers are always available online so you can always get the help you need no matter where you are in the world.
Order a Similar Paper Order a Different Paper
Get information for MICROSOFT from the Securities and Exchange Commission (SEC) EDGAR Web site for your Key Assignment to evaluate for the impact of convergence to IFRS.
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now
Review the financial reports and notes for the company that you have chosen from the EDGAR Web site. Using this company as your point of reference, provide general information on the following:
- Create an overview on IFRS.
- What will be some of the main concerns for your company as it moves from U.S. GAAP to IFRS?
- Generate a list of differences that you would expect to see on your income statement and your balance sheet after the convergence process is complete.
- Describe what impact the convergence will have on your company’s inventory account (IAS 2).
- Describe some of the differences between IFRS and U.S. GAAP regarding the accounting for financial instruments.
- Give a minimum of 2 examples of how your company will be impacted by the conversion process (IAS 32, IAS 39, and IFRS 7).