analyze the financial data and identify transactions or accounting elements that pose specific challenges in complying with IFRS?

the company operate in 3 differents country

France: the accounting principles allow the use of declining balance depreciation for tangible assets and united kingdom (FRS) allows the use of declining balance depreciation for tangible assets

Consolidated Income Statement for the Previous Fiscal Year \begin{tabular}{|c|c|} \hline Revenue & Amount \\ \hline Sales & 500000000 \\ \hline Cost of Sales & 250000000 \\ \hline Gross Profit & 250000000 \\ \hline Operating Expenses & 100000000 \\ \hline Operating Income & 150000000 \\ \hline Financial Charges & 25000000 \\ \hline Income Before Taxes & 125000000 \\ \hline Income Taxes & 25000000 \\ \hline Net Income & 100000000 \\ \hline \end{tabular} Consolidated Cash Flow Statement for the Previous Fiscal Year \begin{tabular}{|c|c|} \hline Operating Cash Flows & Amount \\ \hline Operating Revenues & 500000000 \\ \hline Operating Expenses & 100000000 \\ \hline Net Operating Cash Flows & 400000000 \\ \hline Investment Cash Flows & 100000000 \\ \hline Financing Cash Flows & 100000000 \\ \hline Net Change in Cash & 300000000 \\ \hline Cash at the Beginning of the Year & 50000000 \\ \hline Cash at the End of the Year & 350000000 \\ \hline \end{tabular} Cnnonlidatard Ralonna Chant for tha Dravinute Cienal Vaar