IFRS INTERPRETATION PAPER- FOCUS ON A SPECIFIC COMPANY

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Intermediate Financial Accounting II Comm 311

IFRS INTERPRETATION PAPER- FOCUS ON A SPECIFIC COMPANY

 

SAMPLE OUTLINE - guideline only; this outline not "required"

 

 

-table of contents

 

- references/ bibliography**

 

 

 

-about 5 pages -double space

 

 

 

 

I. INTRODUCTION

 

 

 

 

 

 

 

a. Choose a company

 

 

 

b. Briefly summarize business activities

 

 

 

 

 

II. IFRS

 

 

 

a. Note which accounting standards are relevant to this firm

 

 

 

b. Explain recommendations

 

 

 

c. Explain if same accounting treatment would occur if ASPE

 

 

 

 

 

III. IFRS future

 

 

 

a. Note, if any, new, potential or revised accounting standards

 

 

 

b. Explain recommendations

 

 

 

 

 

IV. FINANCIAL STATEMENT PRESENTATION

 

 

 

a. Comment on statements presented and order of presentation

 

 

 

b. Comment on the understandability and quality of the statements

 

 

 

 

 

V. FINANCIAL STATEMENT DISCLOSURE ISSUES

 

 

 

a. Identify major items disclosed

 

 

 

b. Comment on overall disclosure

 

 

 

 

 

VI. CONCLUSION OR INTERPRETATION

 

 

 

a. Impact of accounting standards on this company

 

 

 

b. Impact on stakeholders

 

 

 

**link to Harvard Style of Referencing

 

http://libweb.anglia.ac.uk/referencing/harvard.htm

 

 

 

SAMPLE GRADING CRITERIA:

Available

You

Basic facts and issues about your company

5

Your review and analysis

7

Your interpretation/conclusions

8

20

 

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