{"id":49682,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/concepts-ifrs-and-gaap"},"modified":"2017-08-16T12:23:59","modified_gmt":"2017-08-16T12:23:59","slug":"concepts-ifrs-and-gaap","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/concepts-ifrs-and-gaap\/","title":{"rendered":"Concepts IFRS AND GAAP"},"content":{"rendered":"<p><b>Discuss<\/b>&nbsp;this week&#8217;s objectives and the following concept comparing the GAAP to the IFRS. How do they relate to the practice of accounting and its uses in business?<\/p>\n<ul>\n<li>IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example.<\/li>\n<li>IFRS 10-3: Briefly describe some similarities and differences between GAAP and IFRS with respect to the accounting for liabilities.<\/li>\n<\/ul>\n<p>&nbsp;Question first followed by answer<\/p>\n<p>150 or more words<\/p>\n<p>Refernce and in citation<\/p>\n<p>No plagiarism<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discuss&nbsp;this week&#8217;s objectives and the following concept comparing the GAAP to the IFRS. How do they relate to the practice of accounting and its uses in business? IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example. <a href=\"https:\/\/www.benedictsol.com\/blogs\/concepts-ifrs-and-gaap\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49682","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=49682"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49682\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=49682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=49682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=49682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}