According to the 2020 financial reports and notes for GameStop from the EDGAR Website.

• Provide an overview on International Financial Reporting Standards (IFRS)
• What will be some of the main concerns for GameStop as it moves from U.S. GAAP to IFRS?

• Generate a list of differencesthatyou would expect to see on the income statement and the balance sheet after the convergence process is complete.
• Whatimpact the convergence will have on your GameStop's inventory account (IAS 2).
• Describe some of the differences between IFRS and U.S. GAAP regarding the accounting for financial instruments.
• Give a minimum of2 examples of howGameStop will be impacted by the conversion process(IAS 32, IAS 39, and IFRS 7).