Deliverable length: 1,000–1,200 words double spaced with references

Deliverable Length: 1,000–1,200 words

Double spaced with references

APA 6 format

There are many differences with the measurement of assets between IFRS and U.S. GAAP. For each of the following topics, please describe how it would be handled with both sets of standards, and provide a minimum of 2 examples of issues surrounding the first-time adoption of IFRS:

• Inventories (IAS 2)
  • Expense recognition
  • Restructuring
  • Costs included in inventory
• Property, plant, and equipment (IAS 16)
  • Cost elements
  • Cost measurements
  • Depreciation (component)
• Investments (IAS 40)
  • Fair value model (FVM) versus cost model
• Borrowing costs (IAS 23)

Intangible assets (IAS 38)

Attachments area