Go to the books companion website and use information found there to answer the following questions related
Question:
Go to the book’s companion website and use information found there to answer the following questions related to Cadbury and Nestlé.
Instructions
(a) (1) What specific items does Cadbury discuss in its Note 1—Accounting Policies? (Prepare a list of the headings only.)
(2) What specific items does Nestlé discuss in its Note 2—Our Summary of Significant Accounting Policies? (Prepare a list of the headings only.)
(b) For what lines of business or segments do Cadbury and Nestlé present segmented information?
(c) Note and comment on the similarities and differences between the auditors’ reports submitted by the independent auditors of Cadbury and Nestlé for the year 2008.
Step by Step Answer:
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield