your paper must include at least three ways to prevent future instances of foreclosure. Your final paper should be 3-5 pages and in APA format. Your References should consist of at least 3 peer reviewed sources and 2 non-peer reviewed sources of your choice.When an individual is determined to own a real property, they have to factor in a lot of risks involved due to the number of fraudsters involved in the business. One has to ensure that the real property is genuine through doing a number of researches to validate that in deed they are making a purchase to the genuine owner and not conmen who are out to benefit from peoples’ ignorance. Obtaining a real property is a risk taking business, Therefore one is required to make sure that the risks are minimized by doing a thorough survey on the real property.The first step that prospective owners must undergo is the valuation of the real property. The buyer is expected to find out the worth of the property in terms of sale price, discounted prices or any promotional services that may be attached to the buying of the property. Then, the buyer has to evaluate the market value of a similar property to decide whether the offer is a good bargain or is not worth it.With the valuation done to a satisfactory, the buyer has to proceeds to finding out how the property license appraisal is acquired and the procedures that have to be followed to obtain the appraisal license. One has to keep an eye on whether the appraiser is qualified through a state license or certified in order to provide appraisals to federally regulated lenders. The appraisal can be prepared for lease negotiations, mortgage lending purposes, tax assessments and appeals of assessments and for the negotiation between buyers and sellers. The property has to be evaluated for legal acquisition by the owner to make sure it is a legit property recognizable by the federal state. Also, one has to insist on seeing the agreement between the owner and the national land act. This is usually the agreement that an owner signs to the federal government to specify the type of ownership of a particular land. The agreement may be a tenancy agreement, lease agreement or an ownership agreement of a particular land.After completing the process of verification of the real property license appraisal, the prospective buyer is now in a position to make a decision on whether the real property is genuine and worth buying. From this point one can make decisions on when it is most appropriate to start the buying process and what channel to use in making the purchase. For example, a real property broker can negotiate with the buyer in presence of a lawyer or a witness.To conclude, with the laid out procedure it is certain to say that the risk of obtaining a real property has been mitigated through the number of research processes done in evaluation and validation. A potential buyer who follows the procedure is at little risk of being a victim of fraud by conmen and real property brokers.

Discussion: Do We Have a Gain or What? Ahnuld Corporation, a health juice producer, recently expanded its sales through exports to foreign markets. Earlier this year, the company negotiated the sale of several thousand cases of turnip juice to a retailer in the country of Tcheckia. The customer is unwilling to assume the risk of having to pay in U.S. dollars. Desperate to enter the Tcheckian market, the vice president for international sales agrees to denominate the sale in tchecks, the national currency of Tcheckia. The current exchange rate for 1 tcheck is $2.00. In addition, the customer indicates that it cannot pay until it sells all of the juice. Payment of 100,000 tchecks is scheduled for six months from the date of sale. Fearful that the tcheck might depreciate in value over the next six months, the head of the risk management department at Ahnuld Corporation enters into a forward contract to sell tchecks in six months at a forward rate of $1.80. The forward contract is designated as a fair value hedge of the tcheck receivable. Six months later, when Ahnuld receives payment from the Tcheckian customer, the exchange rate for the tcheck is $1.70. The corporate treasurer calls the head of the risk management department into her office. Treasurer: I see that your decision to hedge our foreign currency position on that sale to Tcheckia was a bad one. Department head: What do you mean? We have a gain on that forward contract. We’re $10,000 better off from having entered into that hedge. Treasurer: That’s not what the books say. The accountants have recorded a net loss of $20,000 on that particular deal. I’m afraid I’m not going to be able to pay you a bonus this year. Another bad deal like this one and I’m going to have to demote you back to the interest rate swap department. Department head: Those bean counters have messed up again. I told those guys in international sales that selling to customers in Tcheckia was risky, but at least by hedging our exposure, we managed to receive a reasonable amount of cash on that deal. In fact, we ended up with a gain of $10,000 on the hedge. Tell the accountants to check their debits and credits again. I’m sure they just put a debit in the wrong place or some accounting thing like that. Have the accountants made a mistake? Does the company have a loss, a gain, or both from this forward contract?

accounting paperWrite a 700- to 1,050-word summary of the team's discussion about IFRS versus GAAP, based on your team collaborative discussions. The summary should be structured in a subject-by-subject format. An introduction and a conclusion are needed. Your essay should include the answers to the following:IFRS 8-1: What are some steps taken by both the FASB and IASB to move to fair value measurement for financial instruments? In what ways have some of the approaches differed?IFRS 9-1: What is component depreciation, and when must it be used?IFRS 9-2: What is revaluation of plant assets? When should revaluation be applied?IFRS 9-3: Some product development expenditures are recorded as development expenses and others as development costs. Explain the difference between these accounts and how a company decides which classification is appropriate.IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example.IFRS10-3: Briefly describe some similarities and differences between GAAP and IFRS with respect to the accounting for liabilities.Format your essay consistent with APA guidelines.Use the Financial Accounting text and at least two additional scholarly-reviewed references.