Comparing IFRS to GAAP Paper
ACC/290
Comparing IFRS to GAAP Paper
IFRS is international financial reporting system and refers to body of international accounting
standard board (IASB). IASB issues international accounting standards (IAS) on the basis of
w

Problems
Problem 10-1
Problem 10-2
Problem 10-6
Problem 10-8
Problem 10-12, 10-13, 10-15
Problem 10-17, 10-18, 10-19
Problem 10-27
Problem 10-28
Ford Data
Data for Figure 10-1
Problem 10-1
The figure below shows the one-year return distribution for RCS st

Problems
Problem 7-5
Problem 7-6
Problem 7-11
NPV for 7-11 part a
NPV for 7-11 part b
Problem 7-16
Problem 7-18
NPV for 7-18
Problem 7-5
Bill Clinton reportedly was paid $10 million to write his book My Way. The book took thre
Clinton could have been paid

Problems
Problem 1-6
Problem 1-7
Problem 1-6
You are a shareholder in a C corporation. The corporation earns $2 per
share before taxes. Once it has paid taxes it will distribute the rest of its
earnings to you as a dividend. The corporate tax rate is 40%

Problems
Problem 2-10
Mydeco Corporation Financial Statement and Stock Price Data
Problem 2-11
Global Conglomerate Corporation Income Statement and Balance Sheet
Problem 2-13
Problem 2-15
Problem 2-16
Problem 2-17
Problem 2-20
Problem 2-10
See Table 2.5 s

Ru Feng Qiu
Activity
A
B
C
D
E
F
G
H
I
WK 3: AIB Homework assignment
Duration
5 Days
6 Days
8 Days
4 Days
3 Days
5 Days
5 Days
9 Days
12 Days
5
TASK A
5 DAY
1
0
0
START
0
0
AIB Problem 1:
Predecessor
N/A
N/A
N/A
A, B
C
D
E, F
D
G
0
0
6
6
TASK B
6 DAY
0
6

VARIANCE FORMULA
CV = EV - AC
SV = EV-PV
INDEX FORMULA
CPI = EV/AC
SPI = EV/PV
PROBLEM A
Month
AC
12
$650
PV
$523
EV
$635
a. Calculate CV
b. Under/Over Budget?
c. Calculate SV
d. Ahead/Behind Schedule?
PROBLEM B
Day
AC
75
$5200
a.
b.
c.
d.
e.
PV
$7400
EV