pic: Financial Statement Reporting and Analysis Your paper should address and include discussions/analysis of the following current accounting topic Essay

pic: Financial Statement Reporting and Analysis
Your paper should address and include discussions/analysis of the following current accounting topic (Remember to submit Part 1 and Part 2 of the research paper incorporating the feedback from prior weeks):
Select a current FASB exposure draft or proposed accounting standards update on any transaction you feel is relevant to the accounting community. Evaluate and discuss the proposed accounting treatment for this transaction.
Compare and contrast the conceptual framework for financial reporting and government accounting standards for your topic
Financial Statement Analysis: Based on your topic selected, prepare a hypothetical financial statement under FASB, IFRS, and SEC reporting standards using Excel
Evaluate and discuss the appropriate accounting treatment for your topic which a Standard has already been developed by FASB. Do not use any transactions that are covered in any Exposure Drafts. In other words, try to apply existing Standards to your topic and discuss the benefit of additional guidance in this area.
Discuss any ethical concerns and the impact on financial reporting related to the reporting of the topic you selected related to the Code of Professional Conduct.
Writing Requirements:
The body of this paper should be 10 pages (not including cover page, abstract or references) but not more than 12 pages.
Use the KU cover page in Getting Started
This research paper requires a minimum of ten scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
Be sure to provide specific examples throughout your paper to back up your statements
Embed your Excel worksheet into the paper
All research papers are submitted in APA format for sources and citations.
Please remember to run your documents through Plagiarism Checks (Weeks 1-8) to review the percentage taken from other sources prior to uploading here for final grading and the final plagiarism check.

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