ACCT 564 WK 2 Home Work

ACCT 564 International Accounting & Multinational Enterprises

(DeVry Keller)

Exercise 3

On May 19, 2004, the IASB published a single volume of its official pronouncements that will be applicable from January 1, 2005.  Prepare a list of them.

Chapter 4, Exercise 1

What is the cost of inventory in the current year?

Chapter 4, Exercise 4

What is the depreciation expense for Year 1?     

Chapter 5, Case 5-1 (S.A. Harrington Company)

Explanations of Adjustments:

Restructuring:

Pension Plan:

Stock Options:

Revenue Recognition:

Bonds Payable: