International Accounting Standard Paper
Task 1: Differentiate between
(a)The equity method,
(b) The initial value method and
(c) The partial equity methods
with core assumptions and with supported illustrations (Make you own assumption to support your illustrations)(7.5 Marks)
Hint: Step 1 =Explain the concept of each method
Step 2= Support the concept and assumption stated in step 1 with appropriate example
Step 3-Make a brief conclusion.
Task 3:With reference to IAS 21 the Effects of Changes in Foreign Exchange Rates compare and contrast between the two translation methods (a) temporal method exchange rate and (b) current rate method exchange rate with supported illustrations?(7.5 Marks)
Hint Step 1 -Compare the two methods with reference to IAS 21 –
Step 2- Contrast (Differences between two methods
Step 3 – Support with a brief examples
I wanted in simple words ,and there should be intext reference and out text the reference should not include web links. The number of words not exceeds 1500 (1400-1500) every point should be in separate paragraph .the answers should be exactly the same requirment.
there is a plagiarism checker please be careful.