Just follow the directions in the word doc. I will upload everything you need to complete the project.

Use your selected company from Weeks 1-4 for this week’s assessment.An organization’s demographics are an important factor to consider for its business strategies. Review the demographic and technological information about your company to complete the activity below. If the information is not public, base your decisions on a similar company and research.This information will assist you with the Wk 6 assignment.Create a 350- to 525- word outline that conveys the information in the following format:DemographicsWhat are the current demographics? (e.g., age, gender, ethnicity, etc)What was a recent change?How did the company handle it?Was the change handled ethically? If not, how should they have handled it? If it was, what stands out as something to emulate in your future business endeavors?TechnologyHow does the company utilize technology in day-to-day business?What types of technology are used?How does a change of technology affect the organization?Cite all sources.Format your citations according to APA guidelines. Utilize the Center for Writing Excellence and the Reference and Citation Generator for assistance with APA style formatting.

Competencies Evaluate the reasons business combinations occur and the accounting implications of such transactions. Critique the development of International Accounting Standards and the implications for US corporations. Measure the accounting for foreign currency and its translation. Assess the proper accounting for transactions with respect to deferred taxes and leases using the accounting codification and other accounting research tools. Justify the proper accounting for transactions with respect to accounting changes and error corrections using the accounting codification and other accounting research tools Evaluate the proper accounting for transactions with respect to interim and segment reporting using the accounting codification and other accounting research tools. ScenarioSwift Cycles is a publicly held, mid-sized manufacturer, with $40 million dollars in annual revenue. Swift has been producing high-end custom cycles currently in the US for the past ten years. Swift has decided to start operations in various locations in Europe in the next five years. In a recent board meeting, the CEO and CFO faced difficult questioning from outside members of the board regarding the impact that adoption of International Financial Reporting Standards might have on the company. Both officers lack a depth of knowledge on the subject and their preparedness for the changes that may be presented.The CFO has asked you as the Controller to do some preliminary research about the possible transition from US GAAP principles to IFRS standards. The company is publicly held; therefore, it must follow all reporting requirements of the Securities and Exchange Commission (SEC).Prepare an analysis and presentation of the impact that adoption of International Financial Reporting Standards would have on the company's financial statements and its investors. Also, prepare an analysis and operational plan of how this adoption may be accomplished by the company.InstructionsAnalysis of Adopting IFRS:Create an executive summary that analyzes the impact that adoption of International Financial Reporting Standards would have on Swift's financial statements and its investors. For your analysis, consider that IFRS will be adopted in their current form. Consider the effects on each of the account groupings (such as foreign currency transactions, deferred taxes, and leases in different countries) for each of the financial statements (balance sheet, income statement, change in equity statement, and statement of cash flows). Explain the implications of consolidating reporting to the parent company versus segment reporting over major areas of the company.Operational Plan:Within the executive summary, write a proposal that provides an operational plan of how this adoption may be accomplished in the company. Consider the following in your Operational Plan: Resources. What policies and procedures should be modified in order meet IFRS requirements? How the project should be managed. What organizational structures, policies, or procedures should be in place to ensure that the implementation is ethical and compliant with all IFRS requirements? Presentation to the Executive Board:For the executive leadership team, create a PowerPoint presentation, 5-10 slides, including slide notes to summarize the essential information regarding the impact of the adoption of IFRS on financial statements and investors of the company, which includes the information from the operational plan. At the end of your executive summary, give your strongest recommendation on the convergence to IFRS.Use the FASB Codification and IFRS to address all technical accounting issues presented in the questions, being certain to reference the applicable sections of the Codification and IFRS in your report.Any other sources used to support your responses should similarly be properly documented. You should have other credible sources in addition to the Codification and IFRS.F F C B A 0 1 2 3 4 No Pass No Pass Competence Proficiency Mastery Not Submitted No analysis of the impact that adoption of International Financial Reporting Standards would have on Swift's financial statements and its investors, including effects on each of the account groupings for each of the financial statements. Minimal analysis of the impact that adoption of International Financial Reporting Standards would have on Swift's financial statements and its investors, including effects on each of the account groupings for each of the financial statements. Basic analysis of the impact that adoption of International Financial Reporting Standards would have on Swift's financial statements and its investors, including effects on each of the account groupings for each of the financial statements. Clear analysis of the impact that adoption of International Financial Reporting Standards would have on Swift's financial statements and its investors, including effects on each of the account groupings for each of the financial statements. Not Submitted No explanation of the implications of consolidating reporting to the parent company versus segment reporting over major areas of the company. Minimal explanation of the implications of consolidating reporting to the parent company versus segment reporting over major areas of the company. Basic explanation of the implications of consolidating reporting to the parent company versus segment reporting over major areas of the company. Clear explanation of the implications of consolidating reporting to the parent company versus segment reporting over major areas of the company. Not Submitted No proposal for how adoption of IFRS may be accomplished in the company, including resource needs, policies and procedures, project management, ethics, and compliance. Minimal proposal for how adoption of IFRS may be accomplished in the company, including resource needs, policies and procedures, project management, ethics, and compliance. Basic proposal for how adoption of IFRS may be accomplished in the company, including resource needs, policies and procedures, project management, ethics, and compliance. Clear proposal for how adoption of IFRS may be accomplished in the company, including resource needs, policies and procedures, project management, ethics, and compliance. Not Submitted No presentation summarizing the essential information regarding the impact of the adoption of IFRS on financial statements and investors of the company, including the operational plan. Minimal presentation summarizing the essential information regarding the impact of the adoption of IFRS on financial statements and investors of the company, including the operational plan. Basic presentation summarizing the essential information regarding the impact of the adoption of IFRS on financial statements and investors of the company, including the operational plan. Clear presentation summarizing the essential information regarding the impact of the adoption of IFRS on financial statements and investors of the company, including the operational plan. Not Submitted No recommendation on the convergence to IFRS, not supported by evidence in the presentation. Minimal recommendation on the convergence to IFRS, supported by evidence in the presentation. Basic recommendation on the convergence to IFRS, supported by evidence in the presentation. Clear recommendation on the convergence to IFRS, supported by evidence in the presentation.