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1. Access the IASB web site (www.iasb.org) and list three of its active projects.

2. Access the SEC website (www.sec.gov), click International Affairs, International Enforcement Assistance, and list the four types of enforcement cases.

3. Open up an IAS or IFRS

a. What are the major organizational parts of the authority (placed in bold)?

b. Compare your answer in (a) to the major organizational parts of an IFRIC or SIC.

c. Are (a) and (b) for the most part, the same? If yes, how so? If not, how do they differ?

4. Use eIFRS to identify the accounting authority governing each of the following:

a. Customer loyalty programs

b. Operating lease incentives

c. AgriculturE

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