"Off-Balance Sheet Financing" Please respond to the following:

Oct 29th, 2015
Price: $25 USD

Question description

  • Based on your review of the current requirements of the SEC and FASB, assess the adequacy of the guidelines for ensuring the transparency of off-balance-sheet transactions to investors, indicating where improvements may still be needed. Provide support for your rationale.
  • As a CFO of a publically traded company, evaluate the pros and cons of using off-balance-sheet financing, including a recommendation as to whether or not you support using these types of arrangements. Provide support for your recommendation.

  • Based on the information found in the e-Activity, assess the key differences between U.S. GAAP and IFRS reporting for the testing of asset impairment and the requirement to write down the asset value. Indicate whether or not you support the U.S. GAAP or IFRS approach. Provide support for your position.

    • e-Activity: Search the Internet for the most recent guidelines or proposals for the reporting of off-balance sheet financing transactions by the Securities and Exchange Commission and Financial Accounting Standards Board (FASB). Be prepared to discuss. Search the Internet for the current GAAP and IFRS reporting requirements of long-lived assets. Be prepared to discuss.

  • As an investor, recommend a strategy for evaluating long-lived asset values contained on the balance sheet of a publically traded company so as to minimize the risk to the investor. Provide support for your strategy.

Tutor Answer

(Top Tutor) Daniel C.
School: Purdue University

Studypool has helped 1,244,100 students

Review from our student for this Answer

Nov 1st, 2015
"Thanks, good work"
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1821 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors