write a 3–4 page paper addressing the questions located in the grading rubric file

Assignment 2: Comparing U.S. and International Standards Instructions:

Using the Library and resources conduct research and write a 3–4 page paper addressing the following questions:

• Where does the U.S. stand with International Financial Reporting Standards (IFRS) today? • Will the U.S. adhere to IFRS? Explain. • What are the major significant differences between U.S. Generally Accepted Accounting

Principles (GAAP) and IFRS? • What are the advantages and disadvantages to U.S. companies in adhering to IFRS standards?

You must cite at least 3 peer-reviewed articles that are located in the Library using APA format and citation style (See the tutorial in the assignment area).

Directions for Submitting Your Assignment: Put your Assignment in a Word® document and save it in a location with a name that you will remember and that includes your name. Submit your Assignment to the Unit 2: Assignment 2 Dropbox.

Grading Rubric

Criteria Level 4

(Excellent)

Level 3

(Good)

Level 2

(Fair)

Level 1

(Poor) Earned Criterion 1: (9 pts.)

Writing, spelling and grammar

Consistently and ably uses properly structured paragraphs, sentences, grammar, and spelling.

Consistently and ably uses properly structured paragraphs, sentences, grammar, and spelling, with some minor errors.

Inconsistently uses properly structured paragraphs, sentences, grammar, and spelling. Document Includes quite a few errors.

Does not consistently use properly structured paragraphs, sentences, grammar, and spelling. Document includes glaring errors.

Use the Library ink in Academic Tools for this paper.

GM5 0 6 | Strategic Financial Analysis

Unit 2 : Assignment 2 R ubric

Comparing U.S. and International Standards

Mechanics and structure

9 7 6 5 Earned:

Criterion 2: (22 pts.)

Checklist: 1. Where does the U.S. stand with IFRS today? 2. Will the U.S. adhere to IFRS? Explain. 3. What are the major significant differences between U.S. GAAP and IFRS? 4. What are the advantages and disadvantages to U.S. companies in adhering to IFRS standards?

Provides a thorough and correct response to all 4 of the checklist questions regarding the International Financial Reporting Standards (14 pts.) while citing a minimum of three peer reviewed references that provide thorough support. (8 pts.)

Provides a mostly thorough and correct response to most of the 4 checklist questions regarding the International Financial Reporting Standards (12 pts.) while citing a minimum of three peer reviewed references that mostly provide support for the response. (6 pts.)

Provides an adequate response to 3 of the 4 checklist questions regarding the International Financial Reporting Standards (11 pts.) while citing two peer reviewed references that mostly provide support for the response. (4 pts.)

Provides an inadequate response to 2 of the 4 checklist questions regarding the International Financial Reporting Standards (10 pts.) while citing one peer reviewed references that provide minimal support for the response. (3 pts.)

Content 22 18 15 13 Earned:

Criterion 3: (14 pts.)

Critical thinking and analysis

Response exhibits strong higher-order critical thinking and analysis (e.g., evaluation). Paper shows original thought.

Response exhibits some higher-order critical thinking and analysis (e.g., application of information). Paper shows some original thought.

Response exhibits simplistic or reductive thinking and analysis but does demonstrate comprehension. Paper shows no original thought.

Response exhibits simplistic or reductive thinking and analysis and demonstrates limited knowledge of the subject matter.

Critical thinking and analysis

14 11 10 8 Earned:

Total (45 pts.) Less than poor = 0 pts.

Earned: