Assessment Task:
Accounting Report Writing Assessment Answer

 
 Individual Assignment 

Topic – “Discuss and critically evaluate the success of harmonisation. Choose a country as an example for illustration on how it has adopted IFRS in its attempt to seek harmonisation and whether it has been successful with a relevant organisation as an illustration” 

Structure of the assignment and the presentation:
1.    Introduction of the country 
-    In terms of economy and what accounting standards they have and etc.
2.    Reason of harmonisation in the country you choose (disadvantage)
3.    Issues of harmonisation in the country you choose (a challenge that you may face)
4.    Case Study
-    Introduction of the company (in terms of what they do, the history of the business)
-    Differences between IFRS and domestic GAAP in terms of account treatment (such as goodwill, PPE, account receivable, pension liability etc)
-    Give minimum 3 illustrations of the application (based on the differences you stated) (e.g. apply revaluation from local GAAP to IFRS)
-    You make assumptions (the numbers) for the illustration to IFRS, information must be based on the recent annual report of the company you choose
5.    Conclusion 

 

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  • Uploaded By : Mitchell Lee
  • Posted on : December 02nd, 2018

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