Questions from General Accounting

Q: Are there relevant circumstance differences between purchase and pooling of interests?

Are there relevant circumstance differences between purchase and pooling of interests? Explain

Q: Review the evolution of capitalization criteria in lease accounting standards. Why

Review the evolution of capitalization criteria in lease accounting standards. Why did APB Opinion No. 5 have little impact? What impact has SFAS No. 13 had? Has there been an underlying theme in the...

Q: The logic of pooling rests heavily on the assumption that no substantive

The logic of pooling rests heavily on the assumption that no substantive economic transaction occurs between the combinor and stockholders of the combinee. Evaluate this assumption.

Q: Why is there a pension accounting problem with defined benefit pension plans

Why is there a pension accounting problem with defined benefit pension plans, but not with defined contribution plans?

Q: Why would proportionate consolidation result in rigid uniformity for intercorporate equity investment

Why would proportionate consolidation result in rigid uniformity for intercorporate equity investment accounting?

Q: Compare proportionate consolidation with capitalizing of all leases extending beyond a year

Compare proportionate consolidation with capitalizing of all leases extending beyond a year, another example of rigid uniformity.

Q: The equity method reports neither the investor’s cost nor the market value

The equity method reports neither the investor’s cost nor the market value of the investment. Do you believe the equity method provides useful information? Why or why not?

Q: Why is the aspect of conveyance of leases emphasized in capital leases

Why is the aspect of conveyance of leases emphasized in capital leases and the contractual element emphasized in operating leases?

Q: Given the evidence from the research in the stock market, does

Given the evidence from the research in the stock market, does it matter whether pension information is disclosed in the formal financial statements or as supplemental disclosure?

Q: What economic consequences of SFAS No. 87 were suggested in the

What economic consequences of SFAS No. 87 were suggested in the chapter?