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Instructions: Due Saturday 07/6
At least 3 paragraphs long with 3 peer-reviewed references.
· Review the videos titled “The Conceptual Framework for Financial Reporting
” above.and “The US GAAP Taxonomy Invitation to Comment: above. Post a summary of the content of the videos. Discuss how you think the Taxonomy is related to the Conceptual Framework.
· You do not need to view the complete videos. View whatever parts you need to respond to the question.
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DUE Saturday 07/20 Part I addresses your responses to the course objectives below: · Compare and contrast the conceptual framework for financial reporting and government accounting standards · Evaluate and discuss the appropriate accounting treatment for new (ex. exposure drafts) or unusual transactions. Please click on the link above to
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