Project #28224 - B4

 

In November 2008, The SEC released its "Roadmap for the Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards by U.S. Issuers." The Roadmap originally proposed allowing U.S. companies that meet certain criteria to adopt IFRS on a voluntary basic several years before requiring the use IFRS. Conglomerate Company meets the criteria for early use of IFRS. As the company's external auditor, you have been asked to provide a recommendation as to whether the company should early adopt IFRS on a voluntary basic.

 

Required

Draft a memo to the CEO of Conglomerate Company describing the potential benefits and the potential risks associated with the early use of IFRS.

 

Book Required

Hoyle, J., Schaefer, T., &Doupnik, T. (2013).Advanced accounting with Connect Plus (11th ed.). Boston, MA: McGraw-Hill. ISBN: 9780077635831.

 

   Others Required

APA format (All sources use much be cited in APA format)

Proofread for grammar and spelling mistake before summit the paper

 

At least 450 works 

Subject Business
Due By (Pacific Time) 04/21/2014 12:00 am
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