Impact of the committee of sponsoring

Question

Select one of the following topics and narrow it if necessary. Write a documented research paper on your topic, using the report template discussed in class.

• Congressional attempts to affect the accounting standard setting process

• The future of eXtensible Business Reporting Language (XBRL) and how it might be used to support the development of other comprehensive bases of accounting (OCBOA) outside of GAAP

• The Public Company Accounting Oversight Board (PCAOB)

• The International Auditing and Assurance Standards Board (IAASB) and its role in establishing International Standards on Auditing (ISAs)

• The use of fair value measurements in Generally Accepted Accounting Principles

• The future of "integrated reporting" and the possible expansion of the attest function

• The role of judgment in the application of accounting standards and whether that role should be reduced or expanded

• The impact of the Committee of Sponsoring Organizations' (COSO) Internal Control-Integrated Framework

Answer 1

Choose one of the subsequent topics and narrow it if essential. Make a documented research paper on your topic; using the report template conversed in class. • Congressional attempts to influence the accounting standard setting procedure • The future of extensible Business Reporting Language (XBRL) and how it might be utilized to support the development of other comprehensive bases of accounting (OCBOA) outside of GAAP • The Public Company Accounting Oversight Board (PCAOB) • The International Auditing and Assurance Standards Board (IAASB) and its role in establishing International Standards on Auditing (ISAs) • The employ of fair value measurements in Generally Accepted Accounting Principles • The future of "integrated reporting" and the possible expansion of the attest function • The role of judgment in the application of accounting standards and whether that role must be reduced or expanded.