Offer detailed insights into IFRS 9 Financial Instruments, focusing on its application and impact on GSK’s financial statements. (use GSK 2023 annual report and provide examples from that to application)

Which items are required by the SEC to be included in the Form 10-K? Question 14 options: Customer accounts, legal proceedings, financial statements. Executive compensation, properties, list of all shareholders by name. Financial statements and supplementary data, properties, risk factors. Legal proceedings, three-year summary of financial data, risk factors

Define Accounting Standards Update (ASU) 2016-02

Statements of Financial Accounting Concepts issued by the FASBa. Represent GAAP.b. Have been superseded by SFASs.c. Are subject to approval of the SEC.d. Identify the conceptual framework within which accounting standards are developed.

2. Provide and explain two general types of prospective financial statements as defined in ISAE 3400 "The Examination of Prospective Financial Information

International fi nancial reporting standards are currently developed by which entity? B . Th e International Accounting Standards Board.

Define the elements of financial statements identified in SFAC No. 3 and SFAC No.6.

Explain the changes made to Basel regulatory requirements relating to liquidity (NSFR and LCR) following the global financial crisis of 2007-8.

Define each of the following terms:d. Securities and Exchange Commission (SEC); registration statement; shelfregistration; margin requirement; insiders

Zoysia University must purchase mowers for its landscape department. The university can buy six EVF mowers that cost $7,600 each and have annual, year-end maintenance costs of $1,725 per mower. The EVF mowers will be replaced at the end of Year 4 and have no value at that time. Alternatively, Zoysia can buy eight AEH mowers to accomplish the same work. The AEH mowers will be replaced after seven years. They each cost $6,600 and have annual, year-end maintenance costs of $1,725 per mower. Each AEH mower will have a resale value of $800 at the end of seven years. The university’s opportunity cost of funds for this type of investment is 9 percent. Because the university is a nonprofit institution, it does not pay taxes. It is anticipated that whichever manufacturer is chosen now will be the supplier of future mowers. What is the EAC of each type of mower? (Your answers should be a negative value and indicated by a minus sign. Do not round intermediate calculations and round your answers…