Final Project Essay

588 Words3 Pages
ACC 610 Milestone One Guidelines and Rubric This is the first of three milestone assignments that will lead to completion of your course project. In this assignment, you will complete Critical Element III: GAAP vs. IFRS. Recall that, due to the sequencing of content for the modules, the critical elements are being prepared out of order. For the complete sequence, see the Final Project Guidelines and Rubric document. This milestone addresses the following course outcome:  Differentiate between the Generally Accepted Accounting Principles and the International Financial Reporting Standards for their impact on financial statements. If you have not already done so, select the company that you will use to build your portfolio. For…show more content…
IFRS: Transition Meets “Proficient” criteria and provides keen insight on how the chosen company would implement these steps Explains the steps that would be needed for the chosen company to transition from GAAP to IFRS GAAP vs. IFRS: Financial Statement Meets “Proficient” criteria and explanation shows a nuanced understanding of the differences between IFRS and GAAP Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-toread format Explains how a financial statement would differ under IFRS as opposed to GAAP Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Explains the steps that would be needed for the chosen company to transition from GAAP to IFRS but explanation lacks depth or detail Explains how a financial statement would differ under IFRS as opposed to GAAP but explanation lacks depth or

More about Final Project Essay

Open Document