In 1- 2 page provide detail for comparing/contrasting differences within two companies in the same industry – one from the US and other an international company. IFRS for the non-US Based company and the potential impacts for stakeholders in utilizing this information and US GAAP standards for the US based company.
1) Provide at least 2 accounting items within the financial results that are reported similarly and
2) Provide details on at least 3 accounting line items within the financial results that are reported differently due to the US GAAP application for the US based company. Make sure to include how this will impact the potential investors utilizing the financial statements.
SHOULD BE GOOD ENOUGH FOR 5 MINUTE PRESENTATION – PLEASE SPECIFY EACH ANSWER(LIST IN POINTS WHEN NECESSARY)
NO AI SHOULD BE USED