Essays

Write a five pages essay on Coca-Cola and PepsiCo in which:

1. Analyze and discuss the current effects of IFRS on the pension reporting for Coca-Cola and PepsiCo at 2009 year-end.

2. Calculate the funding levels and capital gains experienced by Coca-Cola and PepsiCo in their respective pension funds.

3. Analyze which of the two (2) companies had a more secure pension fund, an explain why.

4. Evaluate how the status of the pension fund effects the level of risk that must be reported in the annual report. Justify your answer.

5. Use at least (3) qualify academic resources in this assignment.

Paper should be APA Times New Romans (size 12).

PAPER # 2

Write 5 pages essay on IFRS and GAAP Convergence in which:

1. Describe what accounting convergence means and assess the likelihood of the convergence being completed and implemented in the next five (5) years.

2. Evaluate and describe the single most important difference between U.S. GAAP and IFRS rules, and explain your answer.

3. Analyze and summarize the main obstacles to convergence from both the U.S. and European accounting perspectives.

4. Analyze the balance sheet and income statement presentation methods that will be impacted the most by convergence, and explain why.

5. Evaluate and explain what types of business entities and accounting practices will be affected the most by convergence.

6. Use at least three (3) qualify academic resources in this assignment.