Description
Research Case 1
ACCT 3331
Bloomberg Businessweek Assignment
Relate a business periodical written within a month of the assignment due date to an
Intermediate Accounting I topic listed on your syllabus. Your write-up should include: a
summary of the article; a summary of the applicable portions of the FASB codification,
with appropriate reference to all relevant FASB ASC; and, a clear discussion of how the
article relates to the accounting topic from class you selected with a notation of the
chapter and page number(s) in your textbook where the topic is located. In addition you
should discuss any differences or, if none exist, discuss a lack of difference between US
GAAP and IFRS for the FASB Codification referenced in your paper.
You may not use your textbook as a reference. All discussions of accounting topics
should be backed with a source from the FASB codification or IFRS accounting
standards as applicable. Put the information in your own words (paraphrase—tell me
your source; citing the source is a requirement.). When citing a source please use
parenthetical references in the text; for example, you would reference a source from the
FASB codification as: (FASB ASC 310-10-50-1 ). For more information on referencing
the FASB codification, please see the FASB’s “Learning Guide” found at
https://asc.fasb.org/help&analyticsAssetName=home_page_tuorials_and_help. In
addition, a reference section is required at the end of the paper.
Your report, excluding the reference section, should be no more than three pages, double-
spaced, 1 inch margins, Times New Roman, 12 font. Good grammar, spelling, and
punctuation will be considered in grading.
You must work independently on this assignment.
The assignment is due Thursday, March 2, 2017 at 11PM. Please upload your
assignment to Canvas (Turnitin) by that time. Only assignments uploaded to
Canvas on time will be viewed as turned in; no late assignments will be accepted.
Grading Key Research Case 1
A) Summary of the article___________________________________________1__2
B) Summary of the applicable portions of the accounting codification, with
appropriate reference to all relevant FASB ASC
_________________________________________________________________1__2__3
C) Clear discussion of how the FASB ASC used relates to an accounting topic from
Intermediate II with a notation of the chapter and page number(s) in your
textbook where the topic is located
______________________________________________________1__2__3
D) In addition you should discuss any differences or, if none exist, discuss the lack of
difference between US GAAP and IFRS for the FASB Codification referenced in
your paper__________________________________________________1__2