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[answered] 1. How might companies in reorganization use the following


Hi, I am wondering can anyone help me with an accounting assignment related to accounting entity? Most of the questions are theoretical.


1.

 

How might companies in reorganization use the following to present a brighter picture (e.g., more

 

favorable earning, cash flow and/or asset growth) of the company?

 

A. Real Earnings Management, B. Accrual-Based Earnings Management C. Non-GAAP Measures 2.

 

A. What are the major differences between financial reporting for a corporation and financial

 

reporting for a partnership?

 

B. What are the unique needs of users of partnership financial statements that influence the format

 

used in partnership financial statements? 3.

 

A. Briefly describe the major changes made to financial reporting for Nonprofit Organizations in the

 

2016 FASB Accounting Standard Update (ASU)

 

B. How will these changes benefit users of the financial statements C. Are more changes in the NP reporting model planned for the future? 4. Other (One page maximum for this entire section) A. Briefly describe the Nov 2016 PwC Going Segment Disclosure: Beyond the Basics document B. Briefly describe the recent FASB changes for consolidating VIEs

 


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