Compare and Contrast Accounting Practice

Week 3 – Assignment: Compare and Contrast Accounting Practices

Due September 30 at 11:59 PM

Senior management wants to understand the difference between accounting investments using U.S GAAP and IFRS. For this assignment, complete case 10-7. In addition, research the current literature on the difference in accounting for investments using U.S GAAP and IFRS. Include this research in your presentation.
In a PowerPoint presentation, compare and contrast accounting practices for investments in equity securities under U.S GAAP and IFRS. Include scholarly articles to support your comparison.
Incorporate appropriate animations, transitions, and graphics as well as “speaker notes” for each slide. The speaker notes may be comprised of brief paragraphs or bulleted lists.
Support your presentation with at least five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included.
Length: 12-15 slides (with a separate reference slide)
Notes Length: 200-350 words for each slide
Be sure to include citations for quotations and paraphrases with references in APA format and style where appropriate. Save the file as PPT with the correct course code information.
External Resource (S): Books and Resources for this Week
1. Financial Accounting Theory and Analysis: Text Readings and Cases
Schroeder, R. G., Clark, M. W., & Cathey, J. M. Financial accounting theory and analysis: Text readings and cases. Hoboken, NJ John Wiley & Sons.
Read Chapters 8, 9, 10, and 11

2. Kuzmina, I., & Kozlovska, I. (2012). Accounting measurement of long-lived assets: A case of impairment practice.

3. Myers, J. H. (1948, July). Presentation of long-term lease liabilities in the balance sheet.

4. ACC-7035-Rubric 3
Supplemental (External) Resource
NB: PLEASE BE SURE TO USE THESE RESOURCES (FIRST) ABOVE, IN ADDITION TO OTHERS YOU MAY FIND IMPORTANT