Accounting Term assignment

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FinalTermProject-InternationalAccounting.docx

Final Term Project

 

 

Prepared by: 

Carolina Wong    

   

for 

Professor C.E. Reese 

in partial fulfillment of the requirements for 

ACC 508 International Accounting  

School of Business/ Graduate Studies 

St. Thomas University 

Miami Gardens, Fla 

   

   

 

 

   

Term Fall 1/ Fall, 2019 

Outline Final Term Project

Carolina Wong

1. Introduction

0. Objective of Research Project.

0. Organization of text.

1. U.S. GAAP Accounting Standards for Presentation of Financial Statements.

1. Standard

1. Illustrative Case.

1. IFRS Accounting Standards for Presentation of Financial Statements.

2. Standard

2. Illustrative Case.

1. History of Convergence for Presentation of Financial Statements.

3. US GAAP Convergence

3. IFRS Convergence

3. Convergence between US GAAP and IFRS.

1. Current Similarities and Differences for Presentation of Financial Statements.

4. Similarities:

4. Differences

1. Expectation of Greater Convergence for Presentation of Financial Statements.

1. Summary and Conclusions

1. References/ Bibliography

1. Deloitte Guidelines for 842 Leases

1. IFRS website http://www.ifrs.com/

1. https://explore.leaseaccelerator.com/history-lease-accounting/

1. https://www.cfo.com/lease-accounting/2019/05/new-lease-standard-comparing-ifrs-and-u-s-gaap/