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7 Discussion Questions- Accountin

Please answer the following 7 discussion questions inatleast??100 words??per question. Do not answer them as an essay. Please answer them under the question set.

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1. What are the types of differences that exist between IFRS and U.S. GAAP?

2. Which intangible assets are subject to annual impairment testing?

3. How is goodwill measured in a business combination with a noncontrolling interest?

4. What is the current treatment with respect to borrowing costs?

5. What is a provision, and when must a provision be recognized?

6. What is an onerous contract? How are onerous contracts accounted for?

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7. What is a static planning budget?

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