Mo och Comsjo AB (MoDo) is one of Europe’s largest forest products companies. It has production facilities in Sweden, France, and Great Britain. Its headquarters is in Stockholm, Sweden. Its statements are presented in conformity with the standards issued by the Swedish Standards Board. Its financial statements are presented to be harmonized (that is, to have minimal difference in methods) with member countries of the European Union.

Instructions List all differences that you notice between MoDo’s balance sheet presentation (format and terminology) and the presentation of U.S. companies shown in the chapter. For differences in terminology, list the corresponding terminology used by U.S. companies.
FINANCIAL ANALYSIS ON THE WEB