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Accounting Case Study and Report

The project presentation will be an analysis of the changes in accounting policies and accounting estimates for a company using International Financial Reporting Standard s (IFRS) in 2016 or 2015 . The employee should analyze the effect of these changes for external and internal users of accounting information. In particular the analysis covers the following developments:

● Description of the changes in accounting poli cies and estimates and analysis of their effect in preparing the financial statements:

The employee explains the reasons of the changes in accounting policies and estimates. A discussion of the effects of these changes on financial statements and relevance of accounting information should be provided.

● Role of auditing in the choice of accounting policies and the application of the audit process in accounting estimates:

The employee provides a general presentation of the choice of accounting policies to prep are financial statements and the role of auditors at this level. Moreover the employee presents and discusses the audit procedures on accounting estimates

● Analysis of the relevance of financial information prepared after the adoption of the changes in a ccounting policies and estimates to managers’ decisions in planning and control:

The employee discusses the usefulness of financial information for managers. An analysis of the changes in accounting policies and estimates that help generating more relevant financial information to managers’ decisions should be provided.

Your report should be contained in approximately 10 - 15 pages double spaced.

The project should include the following sections in the same order as they are reviewed here:

- Title page.

- Introduction that contains a presentation of IAS 8 “ Accounting Policies, Changes in Accounting Estimates and Errors ” and describes the company.

- Description of the changes in accounting policies and estimates: this section should contain a list of the chang es adopted by the company to prepare its consolidated financial statements. Employees are required to provide an explanation of these changes.

- Effect of the changes in accounting policies and estimates : in this section employees are required to present an analysis of the effect s of the changes on financial statements (assets, liabilities, and equity), auditing process and managers (relevance for decision taking) .

- Discussion section / conclusion

- References: complete list of all work cited, alphabetically ordered.

Assessment rubrics

Your project will be evaluated on the following characteristics:

- Format of the report

- Description of the company

- Changes in accounting policies and estimates: nature, effect and disclosers

- Present ation and discussion of the auditing process.

- Relevance of financial information to managers ’decisions

- Recommendations and conclusion

I will send all details upon accepting the task.

Compétences : Comptabilité, Analyse des Affaires, Finance, Recherche Financière, Rédaction scientifique

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( 26 commentaires ) potomac, United States

Nº du projet : #15805532

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