Theoretical Understanding of Accounting Issues with Case Studies

Intermediate Management
Accounting
Accounting Assignment

Assignment on the theoretical
understanding of the Accounting Issues
Prepared By
Student Name:
Date: 21st January 2019
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Executive Summary
This report is intended to provide the deeper theoretical understanding of the various accounting
issues with the help of the two-different real-world case studies discussed in the following
section. The first is one is based on a news published in the Financial daily the Economic Times
on the decision given by the SEBI on the proposal of the Buy Back of the shares by the L& T
and the second one is based on the exposure draft released by the IASB and FASB on the
Leases.T2604
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Table of Contents
Executive Summary................................................................................................... 2
Answer to Question No. 1........................................................................................... 3
Answer to Question No.2............................................................................................ 6
References................................................................................................................... 13
Answer to Question No. 1
To seek the requisite assistance with the deeper understanding on a major accounting issue, an
article has been forwarded by the CEO of my company to me so that it may help her to engage in
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