Southern New Hampshire International Financial Reporting Standards Worksheet

Question Description

I’m working on a accounting exercise and need an explanation to help me understand better.

I’m working on a accounting exercise and need an explanation to help me learn.

I need to show these financial statements in IFRS format vs. GAAP

Here is the rubric for this problem:

ACC-700-05: Prepare components of financial statements in accordance with both US GAAP and IFRS reporting requirements

Does the capstone demonstrate the students ability to effectively communicate IFRS reporting requirements to stakeholders?

Does the capstone demonstrate the students ability to investigate and evaluate key differences between GAAP and IFRS for preparing financial statements?

Does the capstone demonstrate the students ability to assess the presentation and validity of financial statements?

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