Business & Finance Assignment | Custom Assignment Help

“You are the new CFO of Graves Corporation and are sitting in on a meeting between the CEO and the Controller who has been with the company for five years. Jackson Herb, the CEO of Graves Corporation, was discussing with the Controller, Kara Rose, whether the company should adopt IFRS for financial reporting purposes. Graves Corporation is based in a country that permits the use of either IFRS or domestic GAAP.K E Y P L A Y E R S Back to topJackson Herb, the CEO of Graves Corporation Jackson Herb, the CEO of Graves CorporationKara, reporting under our domestic GAAP would be more expensive to the company than reporting under IFRS. I understand that fewer disclosures are required under IFRS. Moreover, IFRS provides more choices when it comes to applying accounting methods to our financial statements to produce the most favorable results. And, to be honest with you, the company is going to have to report its first operating loss in over 15 years;

Don't use plagiarized sources. Get Your Assignment on
Business & Finance Assignment | Custom Assignment Help
Just from $13/Page
Order Now



 if we continue to report under our domestic GAAP, I certainly don’t want that to happen while I’m CEO.Kara Rose, the Controller of Graves CorporationI hear you Jackson, but converting to IFRS might look bad to investors. What if the public finds out that we are trying to hide the operating loss or switch to IFRS to manipulate the bottom line? That could prove more costly in the long run, while saving the company pennies now.Kara Rose, the Controller of Graves CorporationY O U D E C I D E Activity/AssignmentAssignmentPrepare a two to three page memo (at least 300 words per page) to the CEO addressing whether the company should prepare this year’s financial statements in accordance with its domestic GAAP or IFRS.Be sure to give the pros and cons related to IFRS adoption. Also include an ethical assessment of his rationale for the adoption of IFRS in your memo. Get business and finance assignment homework help today


Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.

Professional Academic Writers

With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.

Affordable Prices

Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.

On-Time delivery

My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.

100% Originality

Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.

Customer Support 24/7

Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: support@myhomeworkwriters.com.

Try it now!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Homework Writing Services

My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.


Essay Writing Services

At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.


Admission and Business Papers

With Myhomeworkwriters.com, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.


Editing and Proofreading

Myhomeworkwriters.com has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.


Technical papers

My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.