... cost flow assumption options exist for measuring cost of goods sold and ending inventory under German GAAP? RM-1b: What cost flow assumption options exist for measuring cost of goods sold and ending inventory under U.S. GAAP? RM-2a: Assume the German subsidiary uses FIFO. What will the ending...

... Financial Reporting Standards (IFRS), provides a perspective on real estate investment trusts (REITs), and requires analyzing a U.S. versus Canadian (Ontario) initial public offering (IPO). Students list U.S. and Canadian advantages and disadvantages of REITs, record a portfolio purchase, prepare U.S. GAAP...

...Dominic Detzen; Tobias Stork genannt Wersborg; Henning Zülch ABSTRACT This case originates from a real-life business situation and illustrates the application of impairment tests in accordance with IFRS and U.S. GAAP. In the first part of the case study, students examine conceptual questions...