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1. Kalpan University AC 558 Unit 1 Assignment
Exercises NEW
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In Chapter 7, you will learn more about the
IASB. To familiarize yourself with this
organization, do the following:
Go to the IASB’s website at www.iasb.org, find
the purpose of the IASB, and summarize it in
one paragraph.
Consider the economic, political, and cultural
realities the world is facing today. Based on
these considerations, do you think the IASB
will accomplish its mission?
What are the major threats this organization
faces?
Consider the following statement:

2. “Globalization refers to the deepening
relationships and broadening
interdependence among people from
different countries. … The growth of
globalization creates both opportunities and
threats for individuals, companies, and
countries.”
What are some of the opportunities created
by globalization?
What are some of the threats posed by
globalization?
Because of the accounting scandals of the
early twenty-first century, new laws like
Sarbanes-Oxley have been enacted. What
societal and accounting values do the laws
attempt to change?
How have the social values, accounting values,
and accounting system traits in the United
States been impacted by recent globalization?
What is a good measure of a country’s
accounting system inertia (the amount that a
country’s accounting system affects more than
is affected by globalization of accounting
systems and standards)?

3. Kalpan University AC 558 Unit 2 Assignment
Exercises NEW
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Chapter 3: Discussion Question #5
Chapter 3: Discussion Question #13
Chapter 4: Exercise #5
Chapter 4: Exercise #8

4. Kalpan University AC 558 Unit 3 Assignment
Exercises NEW
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Chapter 5: Discussion Question #8
Chapter 5: Exercise #3
Chapter 5: Exercise #4
Chapter 6: Discussion Question #2
Chapter 6: Discussion Question #5
Chapter 7: Discussion Question #2
Chapter 7: Discussion Question #15

5. Kalpan University AC 558 Unit 4 Assignment
Exercises NEW
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DQ 3 Outline the arguments for and against
the use of purchase accounting versus
pooling-of-interests accounting for business
combinations.
DQ 5: Why has accounting for goodwill
become such a significant problem
internationally?
DQ 11: How do the different views of market
efficiency relate to the treatment of
intangibles?
DQ 2: Discuss the likely benefits of segment
reporting, with particular reference to the

6. results of predictive ability and stock market
research.
DQ 3: Identify the likely costs of segment
reporting.
DQ 4: Under what circumstances could
segment reporting be misleading?
EX 6: How different are the segment
disclosure requirements for the two
companies? What information does each
company provide beyond the requirements?
EX 7: Do the segment disclosures help in
comparing the performance of the two
companies? Which segments of Altria relate to
British American Tobacco segments?

7. Kalpan University AC 558 Unit 5 Assignment
Exercises NEW
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558-kaplan-university/ac-558-unit-5-
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Chapter 10 Exercises, pages 278 and 280
Chapter 11 Discussion Questions page 300
Chapter 13 Exercises page 374

8. Kalpan University AC 558 Unit 6 Assignment
Reckitt Benckiser Group PLC NEW
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AC 558 Unit 6 Assignment Reckitt Benckiser
Group PLC