IFRS Accounting Standards & US Corporations

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Competency

Critique the development of International Accounting Standards and the implications for US corporations.

Scenario

CM Corporation (CMC) was founded six years ago by Phil Connor and Eric Martin. The company designs, installs, and service security systems for high-tech companies. The founders, who describe themselves as “entrepreneurial geeks,” met in a computer lab when they were teenagers and found they had common interests in working on security systems for critical industries. CMC hired you as a junior accountant this year.

Lately, Connor and Martin have been working with “radio frequency identification” (RFID) technology. They have developed a detailed system designed to track inventory items using RFID tags embedded invisibly in products. This technology has numerous inventory applications in multiple industries.

One of the most basic applications is tracking manufacturing components; if tagged components “go walking” (if employees attempt to take them), companies can easily track and find them. Connor and Martin have sold their system to several high-tech companies in the area. These companies have a number of government contracts that require extensive security systems to protect sensitive data from infiltration by terrorists and others. To date, CMC’s cash flow from sales and services has adequately funded its operations.

CMC expects much growth potential for its products. As a result, they are considering going public and expanding internationally in the near future.

Instructions

Connor and Martin are contemplating international business in their industry and feel that global expansion is a great transition for the company. They do not feel as if they understand IFRS and are in need of clarification of both implications and convergence factors that may affect the expansion. They have asked you to prepare a memorandum to help them understand the differences in US GAAP and IFRS Standards, as well as what the costs will be in making the change.

Research the following topics and prepare a memorandum on your findings:

  1. What are the major factors in converging from US GAAP to IFRS Standards?
  2. Will switching accounting standards be costly for the firm? Explain your reasoning.
  3. How does IFRS differ from GAAP regarding international transactions? Are there issues in accounting for international transactions?
  4. What is your final recommendation on whether CMC should converge to IFRS or GAAP? Explain your reasoning.

Memorandum Mechanics should be as follows:

The body of the memorandum should be a professional presentation centered on clear and concise writing. The responses to the questions should be detailed, well researched, and specifically related to CMC’s industry.

Use the FASB Codification and IFRS to address all technical accounting issues presented in the questions, being certain to reference the applicable sections of the Codification and IFRS in your report.

All sources used to support your responses should be properly documented. You should have other credible sources in addition to the Codification and IFRS.

GEB 4361 Economic Development of Nations in Denmark article summary

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Read the article and write a summary about Economic Development of Nations. It should look like the example in the attachment.

Tung, R. L., Worm, V., & Petersen, S. A. (2008). HOW SMALL NATIONS FARE IN THE GLOBAL WAR ON TALENT: THE CASE OF DENMARK. Journal of Small Business Strategy, 19(1), 1-14. Retrieved from http://ezproxy.lib.uwf.edu/login?url=https://searc…

business leader that demonstrates strong leadership, Business & Finance homework help

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Final

Business Leader Research Paper

Select a known business leader that you believe demonstrates strong leadership traits and write a research paper on this individual. This leader should not be someone you know personally. The research should include a profile on the business leader’s views on leadership, their development to become a leader, their leadership and motivational traits, and what the leader has done to gain a strong reputation. Cite specific examples of behaviors exhibited by this business leader using concepts from this course.

Sample Outline:

  • Introduction Paragraph – Introduce the business leader’s name, background, occupation, and their position within the company. Identify the company or companies that the leader has worked for.
  • Section 1: Business Leadership Background and Traits
    • Paragraph 1: Describe the business leader’s development to become a leader.
    • Paragraph 2: Describe the business leader’s views on leadership
    • Paragraph 3: Describe what they’ve done to grain a strong reputation
  • Section 2: Leadership style
    • Paragraph 1: Describe their leadership and motivational traits.
    • Paragraph 2: Describe what makes the leader effective.
    • Paragraph 3: Describe how and what they measure or measured to ensure that their team or company is meeting objectives and are on target.
  • Section 3: Examples of leadership
    • Paragraph 1: Identify and describe one example of their leadership abilities.
    • Paragraph 2: Identify and describe a second example of their leadership abilities.
    • Paragraph 3: Identify and describe a third example of their leadership abilities.
  • Conclusion: Summarize the leadership qualities and observations that you have found in your research.

The secret history of the credit card, discussion help

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Many of you are beginning to build your creditworthiness by opening loans (Notes Payable) and taking on your first credit card (Accounts Payable).

That said, DB 3 includes a video for you to watch. Additionally, I require at least two pages writing you will need to complete and attach to this DB.

Here is the link needed to view the video (please copy and paste into a new browser):

http://www.pbs.org/wgbh/pages/frontline/shows/cred…

And watch “The secret history of the credit card”.

**Many of you have already encountered credit cards and may have advice or suggestions for your colleagues, please voice your comments in at least two pages of word file and submit to me.** Total points of DB 3 is 50.

To clarify, DB 3 includes two parts. First, you are required to watch the video about the history of credit card, and answer the questionnaire.

Secondly, at least two-page of writing is required based upon your own experience of using credit card, please share your advise and comment with us.

Microeconomics, business and finance homework help

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Assignment 1

Resources: Principles of Microeconomics, Ch. 1, 2, 3, 4, and 6.

Prepare an 875-word research paper as part of a marketing research committee for your organization about current microeconomic thought and theory.

Identify the fundamental lessons the Ten Principles of Economics teaches regarding:

• How people make decisions

• How people interact

• How the economy works as a whole

Explain the following to help the committee members understand how markets work:

• How society manages its scarce resources and benefits from economic interdependence.

• Why the demand curve slopes downward and the supply curve slopes upward.

o Where the point of equilibrium is and what does it determine?

• The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices.

Format consistent with APA guidelines.

Assignment 2

Scenario: Imagine you have been assigned the responsibility of preparing a paper for the governor’s next economic conference.

Prepare a 1,050-word paper addressing the following:

• Explain why equilibrium of supply and demand is desirable.

• Explain the following concepts using the concept of consumer and producer surplus:

o Efficiency of markets

o Costs of taxation

o Benefits of international trade

• Discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.

• Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles.

Cite a minimum of three peer-reviewed sources, not including your textbook.

Format consistent with APA guidelines.

Assignment 3

Scenario: You have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential success of one of their existing products.

Research an organization and a product produced by that organization in which an analysis can be conducted.

Write a 1,750-word analysis of the current market conditions facing your product, making sure you address the following topics:

• Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.

• Analyze any comparative advantages and international trade opportunities.

• Explain the factors that will affect demand, supply, and prices of that product.

• Examine factors that will affect Total Revenue, including but not limited to:

o Price elasticity of demand

o Factors that influence productivity

o Various measures of costs, including opportunity costs

o Externalities and government public policy and their effect on marginal revenue and marginal cost

• Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.

Cite a minimum of three peer-reviewed sources from the University Library.

Format your paper consistent with APA guidelines.

Assignment 4

Scenario: You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.

Write a 1,050-word analysis including the following:

• The impact the theory of consumer choice has on:

o Demand curves

o Higher wages

o Higher interest rates

• The role asymmetric information has in many economic transactions.

• The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy.

• People are not rational in behavior economics.

Cite a minimum of three peer-reviewed sources not including your textbook.

Format your paper consistent with APA guidelines.

Media Sources Analysis

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Length: 3.5-5 Pages

Formatting: The paper should conform to 8th Edition MLA, which can be confirmed through the OWL at Purdue website (the link is on the Home page). This means you need to provide a Works Cited Page for the two media sources you are analyzing, as well as The Influencing Machine. As I mentioned in the syllabus, please convert Google doc files to Word doc or docx files. Canvas doesn’t play well with Google docs, especially when it comes to formatting.

TurnItIn: You will turn your final paper into TurnItIn, which allows you to see what percentage of your paper is pulled from outside sources. This allows me to not only seek out plagiarism, but it also allows you to identify if there are sections that aren’t being properly attributed to outside sources. As such, use it as a tool to assist your writing. Keep in mind that TurnItIn will detect any material that comes from an outside source, even if it is quotation marks. As such, it can often identify that 20-30% is similar to other texts. This does not inherently mean that you have committed plagiarism. If you have concerns about plagiarism, please let me know.

Justification: Before we engage in deep conversations concerning argumentative issues and solutions to local problems, it is important to examine how the information we receive is presented to us. This is especially important as much discussion recently has centered around the media and what role it should play, and does play, in influencing the masses.

This paper will hopefully help you identify the methods used by sources to frame information. In addition, I hope this paper will enhance your abilities to identify credible sources of information, which you can utilize in papers throughout the semester.

Basic Description: You will provide a detailed comparative analysis of TWO MEDIA SOURCES from differing ends of the political spectrum. This means one of your media sources would be more liberally tilted in their presentation of data, and the other would present data through a conservative lens. For the purposes of this exercise, this is important, as you are comparing the ways in which information is framed through these differing sociocultural lenses. This article (Links to an external site.)Links to an external site. from The Washington Post might help you identify where certain publications land on the conservative/liberal spectrum. If you still need help identifying where particular sources land on the political spectrum, please e-mail me and I can assist.

You will analyze the manner in which these sources frame one current news story in one article or post; you are not addressing how the source address a news story over multiple articles/posts. Keep in mind that they should both be covering the exact same news item. Your analysis should exhibit an understanding of concepts addressed in class.

In addition, you will be required to integrate at least TWO concepts addressed in The Influencing Machine. Show us how their presentation of information is comparable to something addressed by Brooke Gladstone.

If you read the book thoroughly, as well as pay attention to concepts presented in class, you’ll have more to write about in your paper.

Topic/Scope: When I ask for “media sources,” I am referring to any sources that cover current events on a regular basis. This includes print publications, news websites, sociopolitical podcasts, political shows, etc.

A note of warning: I will NOT allow you to analyze social media sites, such as Facebook or Twitter. I know they present news, but they are not inherently news platforms. In general, avoid focusing on forums that compile stories and resources from multiple news outlets, and are most likely presenting news stories that appeal to your search preferences.

Questions to answer: As you analyze the two news sources, consider the following questions:

  1. Overall evaluation of the sources- Do you feel as though these sources should be considered viable sources of news? Is one better than the other in presenting solid information? Why or why not? This evaluative thesis should be placed at the end of the introduction; the rest of the paper should serve to defend your assertion. Just make sure you are not going into the research process looking for ways to support your established opinion about the publication (that’s confirmation bias); let the evidence drive your argument. Keep in mind that the thesis doesn’t have to be all-or-nothing. It could be a slightly biased source that relies too heavily on the emotions of its viewer, or a rather objective news publication that occasionally reveals a certain bias or relies on shady evidence. AVOID DUALISTIC THINKING! (Sorry for the caps, but this type of thinking is prevalent)
  2. Ethos- How do the publications appeal to ethos? How do they convey expertise? What type of experts do they call upon to discuss the issue? Do you feel as though the experts are the appropriate representatives to discuss the issues addressed? Do you feel as though they are credible sources? Why or why not?
  3. Pathos- How do the publications regularly appeal to pathos? Who do you think their intended audience is and how do they appeal to that audience’s core values and beliefs? What do they assume about their audience? Where do you feel as though the media source, and probably its audience, lean on the political spectrum?
  4. Logos- In what ways do the publications appeal to logos? How do they frame headlines or data in a manner that presents an argument? Based on what type of evidence do they rely upon to base their assertions? Where does it lie on the evidence hierarchy? Do you feel as though the evidence provided supports the inferences presented?
  5. Information- Has information been omitted from either of the publications? Are important facts being hidden away or deemphasized for the sake of the publication’s narrative? Consider doing a little research on the news article through multiple publications, not merely the two you are analyzing. Are there facts being covered in other sources that aren’t being covered in these two? Are they essentially playing fast and loose with the news?
  6. Visuals- How do they utilize visuals to influence their audience? (This is important to note, as you are required to include a visual in your final Proposal Paper)
  7. Objectivity- Do you feel as though the source is objective in their ability to cover issues? Do they use this news story to support a specific ideology? Are you able to recognize instances of confirmation bias?
  8. Definition- How do the publications seem to define certain groups? Do they classify, either explicitly, or in a more suggestive manner, a person or a group as a villain? Do they seem to frame certain people or groups as heroes?

Consider using the resources down below to assist. In particular, focus on the How to Detect Bias in the News sheet.

Helpful Material:

Some essential Influencing Machine Terminology Preview the document

Tentative Media Analysis OutlinePreview the document– you are not required to follow this outline, but it might give you an idea of how to structure the overall paper

How to detect media biasPreview the documentView in a new windowPreview the document– consider analyzing these elements in order to ascertain what your media sources finds important

FAIR page on How to Detect Media Bias (Links to an external site.)Links to an external site.– This website from Fairness & Accuracy in Reporting hits upon many of the same points of the last source, but expands upon them a little more

Evidence Rules and HierarchyPreview the documentView in a new window–Preview the document This is the handout I distributed in class that outlines my personal rules for evidence usage, as well as the evidence hierarchy. This will be EXCEPTIONALLY important for this analysis and the rest of the class

Why Is Everyone on the Internet So Angry (Links to an external site.)Links to an external site. – This was our fiirst reading. It outlines the components of true communication: listening, understanding, and responding. These are basically the fundamental tools for civil discourse. Pay attention to how closely media outlets follow these guidelines.

Jon Oliver’s Piece on Scientific Studies (Links to an external site.)Links to an external site. (Warning: Not Safe for Work: Content that May Inform, but also Offend) – This clip from Last Week Tonight with Jon Oliver highlights the many ways media outlets often misinterpret or simplify scientific research in order to search an agenda or to simply appeal to the general public. This simplification is dangerous and results in a populace. Jon Oliver is essentially addressing the nature of “bullshit”.

When Bad Theories Happen to Good Science (Links to an external site.)Links to an external site. – This article from The Wall Street Journal elaborates upon how confirmation bias is prevalent, even among the scientific community, where people are supposed to be the biggest skeptics of their own ideas. Please remember this when you establish a hypothesis/belief: are you simply locating evidence that helps to support your own theories?

Why We Believe Weird Things (Links to an external site.)Links to an external site. – This TEDTAlks featuring Michael Shermer outlines how cognitive biases that often guide our beliefs. In addition, he unpacks why it is important to be skeptical in the face of evidence. I would suggest you watch this and reflect upon the difference between fine grain vs. coarse grain data.

Media Analysis Rubric


Mini Project 2

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Create a communication strategy that fosters change and innovation in an organization. Explain the context in which it occurs and the options that are available. Develop a solution that will solve the organizational issue and meet the needs of the people involved.

Feel free to use the same organization you researched for the Unit VI and Unit VII assignments. You are not limited to this organization, but it may be easier to complete the assignment since you have already researched it for Unit VI and/or Unit VII. You can use the same sources for all assignments, if applicable.

In the report, you will provide a potential audience analysis, create a purposeful message, and discuss a type of channel that you could use for feedback. Include answers to Neal’s (2010) communication questions, which are listed below:

1. What am I trying to achieve?

2. How will my audience react to what I am trying to achieve?

3. Will my message be resisted?

4. What do I know about my audience that will help me tailor my message?

Do not include the question/answers in a bullet or list format. Instead, integrate the responses in your paragraphs.

Use the standard five-paragraph format (introduction/body/conclusion). Include at least two academic sources. APA format should be used. The assignment should be a minimum of two pages in length. Content, organization, and grammar/mechanics will be evaluated.

Sample Attached

International Police Organization Profile, law homework help

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Identify an international police organization.

Research at least five peer-reviewed articles from academic journals, government sources, or research institutions (e.g. Rand) to detail the police organization chosen.

Create a 12- to 15-slide presentation to include the following:

  • Detail the organization’s structure, authority, responsibility, and scope
  • Explain how they target arms trading, trafficking and proliferation
  • Illustrate the effectiveness of the organization and whether they are, or should be, augmented with private security

Format your presentation consistent with APA guidelines.

Need speaker notes and references

leadership 5, management homework help

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Diversity is common in today’s workplace. Address diversity issues by answering the following questions:

  1. Explain how you would promote diversity in the workplace.
  2. How would you encourage diversity education for your employees?
  3. Summarize how you would incorporate policies and procedures that address discrimination.
  4. List three benefits of embracing diversity in the workplace.

Your paper should be 2-3 pages long, plus a title page and reference page. Follow APA format, Include two outside academic sources to support your responses.

Case Study

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Your assignment is to write a case conceptualization, a description of the case and an interpretation of the issues and problems involved. The studies and discussions in Units 4 and 5 were designed to provide the rich data and information upon which you will draw to arrive at your understanding of this client and his situation. You will need to articulate the technology and tools necessary to gather sufficient information on the needs of your selected client.

Instructions

You began gathering information about your case client in Unit 4, using information in the course files and the media piece Interactive Case File. Now pull this information together, analyze what you have, and write a case conceptualization, following this format:

  • Background: Provide a clear and concise background of the case, showing a holistic view of the client. What information do you have about the client? What additional information would you need to gather? Which tools and technology can help you in making competent decisions about this case?
  • Problem Identification: Provide an analysis of the main issues in the case. Clearly connect how issues and needs presented by the client are affecting his emotions and behaviors.
  • Case Summary: Present a concise conceptualization of what the needs are and a rationale as to why they should be the focus of your recommendations. Keep in mind that this section is what you will present to the collaborative team, so you want to make sure that you are presenting a clear snapshot of the person and the areas that need to be identified. Use technology and tools effectively. If more than one need or issue is present, make sure to rank these needs and support why one needs to be addressed over another. The goal is not to make recommendations, but rather to provide a solid starting point for the collaborative team to begin thinking about recommendations.
  • Case 1: Joseph, an 8-year-old first grader recently placed in foster care after an emergency removal from his home.

  • Requirements

    • Written communication: Written communication is free of errors that detract from the overall message.
    • APA formatting: Resources and citations are formatted according to the current APA style and formatting.
    • Length of paper: 5–8 typed, double-spaced pages.
    • Font and font size: Arial, 10 point.