he purpose of the Final Paper is for you to culminate the learning achieved
in the course by describing your understanding and applying your knowledge and
research in the field of accounting. Select one of the major topics listed
below to analyze:
·
Accounting standards for
business combinations: What is the history for accounting for business
combinations? Identify and discuss the Financial Accounting Standards (FAS)
that govern business combinations and consolidations? Evaluate the reasons for
business combination including the advantages and disadvantages for both the
acquirer and acquiree. Identify and discuss the financial and nonfinancial
factors that should be considered by both parties. What are some acquisition
tactics and defenses, i.e. leveraged buyout?
·
The use of hedging in relation
to foreign currency transactions: Demonstrate a foreign currency transaction by
providing an example. Evaluate the risks associated with foreign currency
transaction. Describe hedging and how hedging is used to mitigate the risks of
foreign currency transactions? Discuss the pros and cons of hedging.
·
Accounting for partnerships –
Discuss the advantages and disadvantages of partnerships. Identify and discuss
the Financial Accounting Standards (FAS) that govern accounting for
partnerships including both creation, operation, and liquidation. What are the
tax consequences of partnerships.
·
International accounting
standards (IFRS) – Distinguish the general differences between IFRS and US
GAAP. Identify and discuss the advantages and disadvantages of IFRS. Evaluate
the need for a set of wholly accepted international standards. What is the
status of the upcoming convergence to IFRS for the US? In relation to the
topics covered in this course, business combinations and partnerships, how do
IFRS and US GAAP differ and which set of standards are more advantageous to the
entity? More advantageous to the investor or creditor?
Writing the Final Paper
·
Must be 7 to 10 double-spaced
pages in length, and formatted according to APA style as outlined in the
Ashford Writing Center.
·
Must include a title page with
the following:
o
Title of paper
o
Student’s name
o
Course name and number
o
Instructor’s name
o
Date submitted
·
Must begin with an
introductory paragraph that has a succinct thesis statement.
·
Must address the topic of the
paper with critical thought.
·
Must end with a conclusion
that reaffirms your thesis.
·
Must include at least 3
scholarly resources
·
formatted in apa style
