FASB Lease update ASU_2021-05.pdf Write a summary of the document you have selected. Your paper should include such information as:
An explanation of the issues discussed in the document,
The FASB position on the issue including the FASB arguments supporting their position,
Discuss any opposing positions (review the comment letters as a source)
Discuss your position for or against the FASB position and explain why
Paper Requirements:
Case Analysis Requirements:
Based on your readings and peer reviewed literature complete this assignment
Writing/Presentation Requirements:
The body of this paper should be 2-3 pages (not including cover page, abstract or references) but not more than 4 pages.
This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
Be sure to provide specific examples throughout your paper to back up your statements