Accounting for Emission Allowances Traded on a Blockchain
Instructions:
Description of the Assignment: This assignment has two parts.
1. The first is a description of the requirements for the appropriate accounting for the transaction at hand as specified in the relevant section of the Accounting Standards Codification (Financial Accounting Standards Board).
2. The second part of the assignment is to apply the appropriate accounting as described in the ASC to the company and transactions provided in the case. Further details regarding the two parts of the assignment are provided below.
GAAP Accounting Issues Report:
The first part of the assignment is to provide a 4-5 page written description of the appropriate accounting for the transaction specified in the assignment citing the appropriate ASC paragraphs.
The written work product is to be your original work and is to include an academic honesty pledge cover sheet affirming that it is entirely your regional work.
You may use additional references beyond the ASC as appropriate being sure to cite the references appropriately.
Additional guides for the written assignment are below:
Course Research Mini-Paper Guidelines:
Use established style requirements.
Quickly speaking, the mini-paper format requirements are as follows:
1. Approx. 4-5 pages.
2. Double spaced, 12 pt font, 1" margins all around.
3. FORMAL DOCUMENTS ARE NEVER RIGHT JUSTIFIED. Justify left margin only.
4. References on a separate reference page.
5. I prefer footnotes although established style requirements presently use endnotes.
6. Do not use footnotes or endnotes for references.
Use parenthetical reference in the text to cite authoritative support for statements included in the text.