ACC WK8 DISC

Disclosures are an important part of the financial reporting package and help users understand the numbers in the financial statements. Choose one note disclosure about accounting for property plant and equipment, leases, income taxes, pensions, investments or derivatives from the same organization you used for the week 4 discussion.

Discuss the methods the organization uses to account for accounts/statements impacted by this disclosure. In addition, are the methods used by the organization under U.S. GAAP allowed under IFRS, why or why not?

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