This assessment addresses the following course objective(s):
Describe the differences between GAAP and IFRS requirements for multiple transaction types
Discuss the issuance and valuation of investments including stocks and bonds
Earnings per share were one of the first topics that IASB and FASB formally collaborated on. Using APA format, prepare a one-page document that describes the following:
The differences between GAAP and IFRS as it relates to EPS.
Do you think that it is important for the IASB and FASB to work together to develop one world-wide set of standards?
Prepare a 1-2 page document responding to the above questions. APA formatting should be followed. An abstract is not necessary.
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