Assignment 1: Discussion—Doing Business AbroadNancy Baxter and several other small business owners joined a trade mission to China to explore market opportunities there. The group learned that China

The required course major research paper is to reflect a major research project undertaken during the course time period. It should be prepared in appropriate style and good form and be approximately 12-15 pages in length and include five to seven references. The course research paper should address a major contemporary issue for Generally Accepted Accounting Principles satisfying audit requirements arising in public practice as a licensed certified public accountant and accounting and reporting for business or regulated entities. Course paper topics utilize ASC https://asc.fasb.org/ CSUSB Student Access (http://www2.aaahq.org/ascLogin.cfm) Username AAA52067 Password vD74DdM and are assigned to individual students and are discussed in class as the course progresses. Students should be advised that is important to start immediately at the beginning of the course identifying the course research paper topic and acquiring appropriate references to provide the basis for the required course research paper. The final day for submission of the research paper during the week of September 5, 2018 (date and time TBA) or as otherwise indicated by the instructor. Students historically do not start early enough on the research and preparation of the required course paper.

The course paper format requirements are:

1. A major individual research effort.

2. Approx. 15 pages but that depends on the difficulty of the topic.

3. Double spaced, 12 pt font, 1" margins all around.

4. FORMAL DOCUMENTS ARE NEVER RIGHT JUSTIFIED. Justify left margin only.

5. Topic regarding ASC Updates and assigned by instructor.

6. Cover page, abstract, introduction, literature review section, then SEPARATELY your opinion section.

7. 5-7 references on a reference page.

I prefer footnotes although established style requirements presently use endnotes.

Course paper topics utilize ASC https://asc.fasb.org/ CSUSB Student Access (http://www2.aaahq.org/ascLogin.cfm) Username AAA52067 Password vD74DdM

ASU(Accounting Standards Updates), 2018

I chose topic942: Accounting Standards Update No. 2018-06—Codification Improvements to Topic 942, Financial Services—Depository and Lending