Discussion questions Help!

timer Asked: Nov 4th, 2014

Question description

Please answer discussion in 3 to 5 sentences.

1. evaluate the effect the GASB on the municipal securities market.  Considering the credit crisis, as an investor, assess whether or not you would place more reliance on the analyst’s report or the disclosures in the financial statements if they were prepared in accordance with GASB requirements? Explain your rationale.

2. Assume the government of the town or city in which you live has earned a return on its pension fund portfolio that far exceeds the average earned by other governments. Determine whether the government where you live should be concerned about this high rate of return or not.

Discussion 2

Capital Assets" Please respond to the following:

3. examine the purpose for the issuance of “Statement of Federal Financial Accounting Standards (SFFAS) No. 40” and determine if you agree or not. Explain your rationale.

4. Evaluate the potential problems that can exist when comparability of asset conditions cannot be made within an agency and with other agencies. Suggest how these problems may be minimized. 

Tutor Answer

(Top Tutor) Studypool Tutor
School: Rice University
Studypool has helped 1,244,100 students
flag Report DMCA
Similar Questions
Hot Questions
Related Tags

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