Top Accounting Homework Help by Experts
July 29, 2020
Author : Andy

What would an accountant say while boarding a Tube? --“Mind the GAAP”

Jokes apart, GAAP stands for Generally Accepted Accounting Principles. Together, these principles represent the standards of accounting that are adopted by the US Commission of Securities and Exchange. Well, accounting is a coveted field with bright prospects. But studying accounting can become a real bummer. Who likes to attend lectures discussing nothing but numbers and how to catch discrepancies in books? No one does! Even if someone did like attending the lectures, writing tedious assignments is a buzzkill on a whole different level. It is like depreciation but for your mood and weekend plans. 

If you too have been under stress due to the ever-growing piles of assignments, let me get you in on a secret! Subject matter experts at My Assignment Services would write your assignments for you to help you score top-notch grades in the accounting assignments. With our accounting homework help, you get to top your class and slay em grades with swag!

Our experts are Ph.D. graduates from top tier universities and know every nook and corner of the subject. They also come with over a decade of experience of helping students to score HD grades in their assignments. 

Here’s an Excerpt From a Previously Solved Accounting Assignment by Our Experts!

accounting question paper solved by our experts

The mentioned above is an excerpt from the question file. There are two questions in the excerpt. The first question is asking students to write a report/case study style essay discussing one’s argument regarding the situation of the business. One would need to hypothetically write arguments that a business-like JKY ltd could use as the basis of the decision making. 

The second question is the extension of the first question and asks students to discuss the key principles and theories that could be leveraged for executing intra-group transactions while mitigating any fraud or transaction risks. 

Let’s see how our experts solved this: 

accounting question paper 2 solved by our PhD writers

accounting question paper 3 solved by our PhD experts

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Discussing Essential Concepts of Accounting For Typical Accounting Assignments

What Are Generally Accepted Accounting Principles?

These are commonly practiced principles of accounting in the US. These principles and standards are all issued by the Body of Financial and Accounting Board of the country. All the companies based in the US or operating in the US need to follow the procedures and standards issued by the GAAP. 

Our experts that provide Accounting assignment help believe that students often confuse GAAP with other non-Gaap methods like Pro-forma accounting standards. These accounting methods are equivalent but not the same as GAAP and are recognized by IFRS which is an international body to regulate accounting and bookkeeping procedures.

Ultimately, Gaap ensures that an organization’s financial statements are consistent. Thus, enabling investors and auditors to analyze and derive usable knowledge from a company’s financial statements. Standardizing accounting procedures also help prevent fraud as it makes it easier for the government bodies to audit and monitor the financial activities of an organization. 

What Are Mergers and Their Accounting Implications? 

A merger is a legal contract that unites two separate organizations into one new organization. Two organizations might consider merging with one another for a variety of reasons. But whenever they do, they literally make accountants “work their assets off!”. Mergers are different from acquisitions. However, mergers can be done for the same reasons that acquisitions are done for; gaining a larger market share, expanding into new segments, mitigating competition, securing intellectual property, preventing bankruptcy, and more. 

Types of Mergers: 

  • Conglomerate Merger: A merger between two or more organizations engaged in mutually exclusive markets and products. 

  • Congeneric Mergers: A union between two organizations in the same sector. 

  • Market Extension: Merger between the organizations operating in different markets but selling similar products. 

  • Horizontal: A typical merger that occurs between the organizations in the same industry. It is more of an agreement between two competing organizations in a sector delivering the same services or products. 

Consolidation Accounting

Consolidation Accounting is a complex process that includes Unifying the financial dealing of subsidiary organizations into a single financial report of the parent organization. Accountants typically resort to consolidation accounting when parent organizations own over a 50% stake in the subsidiary companies. 

Equity Accounting

Well, equity accounting deals with keeping accounts of the investments in and out of the associate organizations. Accountants typically resort to Equity accounting when a particular investor holds over 20-50% of the equity of the associate organizations and thus, possesses a significant influence on the management of the organization. 

Slay Them Grades With Our Accounting Assignment Help

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About the Author



Andy Johnson has been offering finance assignment writing help to the students of the Australian universities. He started as a finance expert at one of the fortune 500 organisations. After a few years with his job, he realised that he wanted to aid students who are struggling with their daily academic needs and assignment queries. That’s when he came on board with My Assignment Services. His knowledge and skills have earned him quite a reputation with the students and professionals alike in the industry. He has qualified the CFP Certification Program.


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