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Air France-KLM Case (Static) (L03-9) Air France KLM (AF), a Franco-Dutch company, prepares its financial statements according to International Financial Reporting Standards. AF's financial statements

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Air France-KLM Case (Static) (L03-9) Air France KLM (AF), a Franco-Dutch company, prepares its financial statements according to International Financial Reporting Standards. AF's financial statements and disclosure notes for the year ended December 31, 2017, are provided here This material is also available under the Finance link at the company's website www.airfranceklm.com) Required: Describe the apparent differences in the order of presentation of the components of the balance sheet between IFRS as applied by Air France-KLM (AF) and a typical balance sheet prepared in accordance with US GAAP

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