Carefully examine the annual report of a chosen company for a reconciliation of net income and stockholders’ equity from IFRS to US GAAP. Discuss pertinent issues from this analysis to your company, MBC. In addition to this analysis, what issues would you recommend the committee investigate in order to reach a decision on overseas expansion? What preliminary results will you offer to the committee based on your analysis?

If reconciliation is not available, critically comment on main differences you’d identified based on the company’s current reporting and IFRS or U.S. GAAP.

So to determine if there is a reconciliation of net income and stockholders’ equity from IFRS and US GAAP