International Accounting Standards Essay

In your opinion, how would the AICPA adoption of International Accounting Standards potentially affect how American companies nurse caudex? Explain.Why does the federal government reserve for accele castd depreciation of fixed assets eve when the useful life and utility of the assets understandably align to a greater extent(prenominal) to straight-line depreciation? Explain.In your opinion, why argon some splices interchange at a discount and early(a)s at a agiotage? How does this affect the bill for the bails?When the terms premium and discount ar used in reference to confiscates, they atomic number 18 telling investors that the purchase price of the affixation is either above or below its par value. For example, if a bond with a par value of $1,000 is selling at a premium when it can be bought for more than $1,000 and is selling at a discount when it can be bought for slight than $1,000.Bonds can be sold for more and less than their par values because of ever-changi ng liaison rates. Like most fixed-income securities, bonds are highly correlated to interest rates. When interest rates go up, a bonds market price leave behind fall and vice versa.To better rationalize this, lets look at an example. Imagine that the market interest rate is 3% today and you just purchased a bond paying a 5% coupon with a face value of $1,000. If interest rates go rarify by 1% from the time of your purchase, you allow for be able to sell the bond for a profit (or a premium ). This is because the bond is now paying more than the market rate (because the coupon is 5%). The spread used to be 2% (5%-3%), but its now change magnitude to 3% (5%-2%). This is a simplified elan of looking at a bonds price, as many other factors are involved however, it does show the everyday relationship between bonds and interest rates.What organizations are responsible for governing financial reporting? What is the role of each organization? How suck up the roles changed in the l ast 20 long time? How might their roles change in the beside 20 years?