Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mess-la is a us-based firm that adheres to gaap, w

Mess-la is a US-based firm that adheres to GAAP, while Gaudi is based in Germany...

50.1K

Verified Solution

Question

Accounting

Mess-la is a US-based firm that adheres to GAAP, while Gaudi is based in Germany and adheres to IFRS. It is least likely that:

Gaudi is compliant with IFRS reporting of Long term assets

Gaudi writes up the value of Long-term assets to reflect market values

Mess-la write-up the value of Long term assets to reflect market values

Mess-la reports Long term assets at cost less depreciation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Describe the process of DNA replication

Physics
1.2K views

An AC generator supplies an rms voltage of 230 V at 60.0 Hz. It is connected...

Advance Math
1.2K views

a) Prove by induction that if a product of n polynomials is divisible by an irreducible...

Geometry
1.2K views

17 Of the students at Wayland High School in the first quarter 48 made honor...

Basic Math
1.2K views

Select the correct answer from each drop down menu Each student in the class reported...

Statistics
1.2K views

Federal Program National Defense Social Security Medicare Medicaid National Debt Interest Major Social Aid Programs...

Calculus
1.2K views

Use the binomial theorem to expand 2x y A 16 r 32r y 24r y...

Calculus
1.2K views

Find two numbers differing by 36 whose product is as small as possible Enter your...

Algebra
1.2K views

8

Algebra
1.2K views

2x 2 10 When you square both sides what is the resulting equation in the...

Accounting
1.2K views

Describe 3 elements of sustainability reporting. What are some implications for a company not to...

Accounting
1.2K views

El balance general comparativo de Del Ray Enterprises Inc. al 31 de diciembre de 2016...