Questions from General Accounting

Q: How will the role of national standard-setting bodies be affected

How will the role of national standard-setting bodies be affected by adoption of IASB standards?

Q: How do de facto harmonization and de jure harmonization differ from each

How do de facto harmonization and de jure harmonization differ from each other?

Q: What are the advantages of convergence-harmonization of accounting standards?

What are the advantages of convergence-harmonization of accounting standards?

Q: What is meant by the term “degrees of representational faithfulness?”

What is meant by the term “degrees of representational faithfulness?”

Q: Firm A and B are exactly the same size as are Firm

Firm A and B are exactly the same size as are Firm C and Firm D. Firm A acquires for cash 100 percent of the common stock of Firm C. Firm B acquires 100 percent of Firm D by exchanging one share of it...

Q: What is convergence and how does it differ from harmonization?

What is convergence and how does it differ from harmonization?

Q: Evaluate Ronen’s financial statement insurance proposal.

Evaluate Ronen’s financial statement insurance proposal.

Q: What evidence supports the statement that SFAS No. 131 is an

What evidence supports the statement that SFAS No. 131 is an improvement over SFAS No. 14?

Q: Explain Lee’s (2001) view of market efficiency.

Explain Lee’s (2001) view of market efficiency.

Q: For event studies, the post event window is typically short (

For event studies, the post event window is typically short (days or months). What are some issues associated with examining longer event windows (e.g., years)?