University of Arizona Contemporary Global Accounting Report
For this assignment, research two contemporary accounting topics, such as valuing intellectual capital and International Financial Reporting Standards (IFRS), and how these standards differ from Generally Accepted Accounting Principles (GAAP), and sustainability and environmental accounting.There are several articles and one video in this week’s recommended resources section of the course guide that can help get you familiar with these terms and aid in your research. If you would like to choose a different contemporary accounting topic not listed, email your instructor to obtain approval prior to starting your paper.In your paper,Define and describe the topics, citing real-life examples of their uses.Critique the pros and cons of the topics.Assess the popularity of the topics and what type of global companies or individuals use them.Hypothesize the future use of the topics; be sure to support your position with facts.The Contemporary Global Accounting Topics PaperMust be four to five pages in length (not including title and references pages) and formatted according to APA Style as outlined in the Writing Center’s APA Style (Links to an external site.)Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.Must use at least four credible sources in addition to the course text.The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment. References:
Campbell , T. (2016, March). The bilingual CPA: are you fluent in IFRS and U.S. GAAP? Journal of Accountancy, 54–58. Retrieved from https://www.journalofaccountancy.com/
Dziak , M. (2017). Environmental accounting. In Salem Press Encyclopedia. Retrieved from https://www.salempress.com/
Harris , P., Jermakowicz, E. K., & Epstein, B. J. (2014, January). Converting financial statements from U.S. GAAP to IFRS: A comprehensive illustration. The CPA Journal, 20–29. Retrieved from https://www.cpajournal.com/
Kraten , M. (2015, April). Reimagining the financial statements: The “soft skills” of sustainable accounting. The CPA Journal, 14–15. Retrieved from https://www.cpajournal.com/
Linnenluecke , M. K., Birt, J., & Griffiths, A. (2015). The role of accounting in supporting adaptation to climate change. Accounting and Finance, 55(3), 607–625. https://doi.org/10.1111/acfi.12120
McCann , D. (2016, December). Intellectual capital: The hidden talent metric. CFO, 18–19. Retrieved from https://www.cfo.com/
Rogers , J. (2016, September). The future is here: What to know about sustainability accounting. California CPA, 17-19. Retrieved from http://californiacpa.calcpa.org/