East Carolina University Starbucks Rules of Financial Reporting Paper
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5-6 page paper on the following:
Consider the following governmental and GAAP reporting requirements for what is mandated that Starbucks include in its financial statements:
Why is the reporting of control procedures required, and what information is disclosed about Starbucks’ control procedures?
Why is the reporting of segment information required, and what information is disclosed about Starbucks’ segment information?
Why is the reporting of estimates and assumptions required, and what information is disclosed about Starbucks’ reporting of estimates and assumptions?
Why is the reporting of investments and fair value required, and what information is disclosed about Starbucks’ investments and fair value reporting?
Why is the reporting of leases required, and what information is disclosed about Starbucks’ lease structure? (*Explain your response to each question*)
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