How Long to Read The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease

How Long Does it Take to Read The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease?

It takes the average reader and 12 minutes to read The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease by Thorsten Wenke

Assuming a reading speed of 250 words per minute. Learn more

Description

Seminar paper from the year 2008 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,0, Hull University Business School (Business School), language: English, abstract: "We are in the middle of the worst financial crisis in recent memory." wrote Stephen Schwarzmann (2008). Since the middle of 2007 the media's dominating topic has been the global financial crisis, whose roots lay in the U.S. capital market - in fact one of the best-regulated financial markets in the world. In times when capital knows no borders and all the single foreign capital markets are interconnected, it took less time until the impact of the American 'credit crunch' reached the rest of the world and unbalanced even the most powerful banks. In spite of market's cross-border linkage a huge variety of different (or even contrary) accounting standards exists. Against this background the Internationals Accounting Standards Board (IASB) in cooperation with its U.S. counterpart the Financial Accounting Standards Board (FASB) tries to cope with this crisis by amending existing and setting new standards. That should guarantee showing the true economies of entities for their report's users. This paper will reflect the current developments of the European standard setters regarding 'IAS 17 - Leases'. First of all the problem areas of the old standard will be shown, then the amendments will be highlighted. The focus lays on the amendments in lessee accounting and they will be evaluated by means of expert opinions whether these actions are effective and decision-useful to the public.

How long is The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease?

The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease by Thorsten Wenke is 12 pages long, and a total of 3,024 words.

This makes it 4% the length of the average book. It also has 4% more words than the average book.

How Long Does it Take to Read The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 16 minutes to read The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease aloud.

What Reading Level is The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease?

The Decision-Usefulness of the Iasb's Standard Setting During the Financial Crisis Using the Example of Ias 17 - Lease is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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