Module 3 Assignment
February 23, 2021discuss how you make a decision using the model you identified 200-300 words
February 23, 2021Analysis of Foregin and Domestic Financial Statements Paper (Must be three pages)
Access the financial statements from the most recent annual report of a foreign company and a domestic company with which you are familiar to complete this assignment.
- Determine the accounting principles (GAAP) the foreign and domestic companies use to prepare financial statements.
- Determine whether the foreign or domestic companies provide a set of financial statements that include the same components.
- List 5 format differences in the companies’ income statements.
- List 5 format differences in the company’s balance sheets.
- Note any terminology differences that exist between the two companies’ income statements and balance sheets.
- Assess whether the scope and content of the information provided in the notes to the financial statements is similar to the two companies.
- Compare the overall presentation of the financial statements and notes to the financial statements between the two companies.