1. How might companies in reorganization use the following to present a brighter picture (e.g., more favorable earning, cash flow and/or asset growth) of the company?
A. Real Earnings Management,
B. Accrual-Based Earnings Management
C. Non-GAAP Measures
2.
A. What are the major differences between financial reporting for a corporation and financial reporting for a partnership?
B. What are the unique needs of users of partnership financial statements that influence the format used in partnership financial statements?
3.
A. Briefly describe the major changes made to financial reporting for Nonprofit Organizations in the 2016 FASB Accounting Standard Update (ASU)
B. How will these changes benefit users of the financial statements
C. Are more changes in the NP reporting model planned for the future?
4. Other (One page maximum for this entire section)
A. Briefly describe the Nov 2016 PwC Going Segment Disclosure: Beyond the Basics document
B. Briefly describe the recent FASB changes for consolidating VIEs