Accounting for a Specific Circumstance

Accounting for a Specific Circumstance” Please respond to the following:

  • Use the Internet or the Strayer Library to research companies who have potential (1) pollution problems, (2) environmental-disposal problems, or (3) demolition issues (specifically big-box stores). Next, analyze the current requirements of GAAP for your chosen issue and discuss the efficacy of the required accounting and/or disclosure in informing investors of material information. Provide support for the status quo or additional reporting. (Obtain FASB access code from instructor.)

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