Assignment Content International versus U.S. Accounting Standards For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the di

Assignment Content

International versus U.S. Accounting Standards

For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business.

The learning objectives of this report are as follows:

Compare and contrast basic U.S. and international financial accounting standards.

Explain how key international factors affect business reporting.

Identify key compliance and regulatory requirements.

Using the Unit IV Research Report Template, prepare a four- to five-page written report with at least three scholarly sources covering the items listed below.

Introduction

Part 1: Select financial statements for two related (e.g., computer manufactures, pharmaceutical companies, cell phone companies, etc.) businesses; one that uses U.S. accounting reporting and the other that uses international accounting reporting. Identify the following items:

Provide the name, location, and accounting standards used for each business.

Compare and contrast three major differences you see in the way the financial data is presented on the financial statements.

Identify which set of financial statements you think is the easiest to understand and provides you with most accurate cost data as a manager. (Do not forget to look at the notes to the financial statements also.)

Part 2: Analyze and discuss three international factors you think would affect the cost of the products made at the companies you selected and why.

Part 3: Discuss any compliance and/or regulatory issues you think would be involved in the companies you have selected as they relate to the cost of the products made. For example, are there strict regulations on product pricing, tariffs imposed on raw materials needed to make the products, or strict regulations on the wages paid to workers?

Conclusion and Recommendations

Be sure to use APA formatting throughout and reach out to the Writing Center or the Library for assistance with research, writing, and formatting. Include at least two of your scholarly resources from the CSU Online Library in your report.

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important fo

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important for making informed decisions that balance financial performance with social and environmental responsibility. It helps managers align strategies with sustainability goals, drive innovation, and support

Module 1 – CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) repor

Module 1 – CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) reporting evaluates financial, social, and environmental impacts, providing a broader view of a company’s sustainability and long-term value creation. In analyzing trends over five years of financial

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Adjusting entries are used to make

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Adjusting entries are used to make sure that all revenue and expenses are recorded in the correct period. Last week you learned about four

Write a 1–2 page executive summary, along with an appendix of supporting information, in which you analyze an organization’s financial performance as well as its level of risk for lending and make and

Write a 1–2 page executive summary, along with an appendix of supporting information, in which you analyze an organization’s financial performance as well as its level of risk for lending and make and present a recommendation to help leadership make a loan decision. Collapse AllIntroduction This portfolio work project will

Listed below are several terms and phrases associated with the accounting concepts. Pair each item from List A with the item from List B that is most appropriately associated with it. 1. Expense recog

Listed below are several terms and phrases associated with the accounting concepts. Pair each item from List A with the item from List B that is most appropriately associated with it. 1. Expense recognition 2. Periodicity 3. Historical cost principle 4. Materiality 5. Revenue recognition 6. Going concern assumption 7.

Module 1 – CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) repor

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important fo

Instructions This project consists of two sections. In section 1, you are required to calculate ratios of General Motors Company (hereafter, GM) and Tesla Inc. (hereafter, Tesla) for year ended Dec

Link includes all material to complete https://www.filemail.com/d/rteqdkiyahphpwk Instructions This project consists of two sections. In section 1, you are required to calculate ratios of General Motors Company (hereafter, GM) and Tesla Inc. (hereafter, Tesla) for year ended Dec 31, 2024. Present all your calculations and results in the templates provided

Write 200–250 words that respond to the questions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. You are faced with ethical decision

Write 200–250 words that respond to the questions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. You are faced with ethical decisions every day. Ethical decisions can be either large or small, personal or related to business. For example, do

Create a 9-slide presentation in which you analyze cost accounting practices to make a recommendation about whether or not to accept a purchase offer at a lower price than normal. You may write a 2–3

Create a 9-slide presentation in which you analyze cost accounting practices to make a recommendation about whether or not to accept a purchase offer at a lower price than normal. You may write a 2–3 page supporting report. Collapse AllIntroduction This portfolio work project will help you to assess a

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Accounting is a part of every type

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Accounting is a part of every type of business. If you understand accounting, you can work in healthcare, retail, management, or human resources; run

THIS IS THE LINK FOR THE FILE: https://www.sedarplus.ca/csa-party/records/document.html?id=48bbfe48911eb1a16332bf1b39329e948d259a14b05a292d10873b16f3300768 STEP 2: Collect all relevant documents to

THIS IS THE LINK FOR THE FILE: https://www.sedarplus.ca/csa-party/records/document.html?id=48bbfe48911eb1a16332bf1b39329e948d259a14b05a292d10873b16f3300768 STEP 2: Collect all relevant documents to be able to answer the following in (0.50 each correct answer to items 1 to 10 and bonus questions 1 and 2) Part 1: for the period ending December 31st, 2024 find: Q1 Income before

ACC 1100 Introductory Financial Accounting Term Project Instructions and Templates Instructions to students: This group term project consists of two sections. In section 1 (5% of the total

ACC 1100 Introductory Financial Accounting Term Project Instructions and Templates Instructions to students: This group term project consists of two sections. In section 1 (5% of the total grade), you are required to calculate ratios of General Motors Company (hereafter, GM) and Tesla Inc. (hereafter, Tesla) for year ended

I have attached 3 pdf . one is question . One is for tutorial. One is question sheet. It’s healthcare analytic subject. I don’t know what to do .

Incremental Analysis Download the Unit VI Assignment Excel worksheet and complete the following problems on the worksheets. Each problem is designated by a worksheet in the tabs at the bottom of th

Incremental Analysis Download the Unit VI Assignment Excel worksheet and complete the following problems on the worksheets. Each problem is designated by a worksheet in the tabs at the bottom of the file. Worksheet Problem 1 Gulf Coast Paddle produces paddleboards for retailers in the United States. The cost of

Payroll cycle assessment word doc – Attached Payroll Process Template – Attached Complete Payroll Process Assignment – attached is the word document with the instructions for xlsx spreadsheet.

Deductions & journal Entries – attached Employer’s Annual Pay Tax Return Assessment word doc. has instructions for the: Attached employer’s Annual FUTA Tax Return – Attached Schedule A – Attached

Deductions & journal Entries – attached Employer’s Annual Pay Tax Return Assessment word doc. has instructions for the: Attached employer’s Annual FUTA Tax Return – Attached Schedule A – Attached