James, m. l. (2010). accounting for business combinations and the convergence of international financial reporting standards with u. s. generally accepted accounting principles: a case study. journal of the international academy for case studies, 16(1), 95-108. what key financial ratios will be affected by the adoption of fas 141r and fas 160? what will be the likely effect? could any of the recent and forthcoming changes affect the company’s acquisition strategies and potentially its growth? what were fasb’s primary reasons for issuing fas 141r and fas 160? what are qualifying spes? do they exist under ifrs? what is the effect of fas 166 eliminating the concept of qualifying spes on the convergence of accounting standards? if the company adopts ifrs, what changes should management be aware of? what are the principle differences between ifrs and u. s. gaap? your submission should be a minimum of three pages in length in apa style; h

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u. s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht. a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?

Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste

Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.