Part 2In the second part of this assignment, you will write a Final Paper. Include a title page, introduction, and conclusion in addition to the sections below. Include all appropriate in-text citations and references to support your statements. Document any information used from sources in APA style as outlined in the Ashford Writing Center’s Citing Within Your Paper (Links to an external site.) guide.In your Final Paper,Analyze management judgments and their effect on the financial statements.Explain the calculations of cash flow statements.Summarize the reporting methods for comprehensive income.Examine the purpose of liquidation and required disclosures.Part A—Management JudgmentsUnlike U.S. GAAP, IFRS requires that an entity disclose both (a) management judgments with the most significant effect on the financial statements and (b) information about the major sources of estimation uncertainty that may result in a material misstatement to the carrying values of the entities assets and liabilities. These disclosure requirements are included in Applying IFRS: Enhancing Communication Effectiveness (Links to an external site.). Read pages 39 through 44, and address the following:Identify where judgments in the financial statements should be disclosed.Identify two examples of judgments that could have a significant impact on the financial statements.Identify four examples of estimation uncertainty that could result in a material adjustment in future years?Describe whether the entity should disclose the estimation if it is likely that this value might change significantly within the next year. (Consider an entity that reports an asset at fair value when the fair value is based upon recently observed market prices. Cite specific references from Applying IFRS: Enhancing Communication Effectiveness (Links to an external site.) to support your answer.)Cite specific judgments and estimations that have been made in the notes to the Home Depot 2017 Annual Report (Links to an external site.).Part B—Cash FlowExplain the difference between the indirect and direct method of the statement of cash flows.Describe whether all three sections of the cash flow statement are different when using either method.Describe which method is preferred by the FASB.Describe how are the following calculated when preparing the cash flow statement using the direct method:Cash collected from customers,Cash paid for merchandise,Cash paid to employees and cash paid for other accrued expenses, andCash paid for other operating costs including insurance and other prepaid expenses.Part C—Comprehensive IncomeRead Statement of Financial Accounting Standards No.130 (Links to an external site.) paragraphs 8 through 9 and 58 through 67, and address the following:Explain what comprehensive income is.Identify the four possible reporting methods for comprehensive income (in theory).Explain the pros and cons of each method.Identify the method you think is the best.Part D—LiquidationsRead Accounting Standards Update: Presentation of Financial Statements (Topic 205) (Links to an external site.), pages 4 through 7, and address the following:Describe liquidation accounting.Identify when liquidation is imminent.Explain initial and subsequent measurement.Identify what disclosures are required.The Financial Statements Final PaperMust be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center’s APA Style (Links to an external site.) resource.Must include a separate title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedFor further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (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.For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Ashford Writing Center resources.Must use at least two scholarly, peer-reviewed, or 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.Must document any information used from sources in APA style as outlined in the Ashford Writing Center’s Citing Within Your Paper (Links to an external site.) guide.Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center. See the Formatting Your References List (Links to an external site.) resource in the Ashford Writing Center for specifications.

Each member of the team should research and complete an individual paper. This individual paper may be made in either Word or PowerPoint, and it should determine the student psychographic market segment that the integrated MedEd/CHC should now attract. The paper should address the following areas:Explain the specific psychographic market segment of students whom you wish to attract and the qualities of this psychographic market segment. (The course chat this week will go into different psychographic segments and their qualities.)Justify why the psychographic segment is appropriate for the new MedEd university that you envision.Discuss at least 2 marketing strategies that reflect the segment’s qualities, and explain why the marketing strategies support the segment’s qualities.I prefer a paper in APA format for this portion.