Case: Ericsson 1. What are the major sources of influence on Ericsson's accounting standards and practices? 2. What has been the impact on Ericsson's reporting of its listing on the London Stock Exchange? On NASDAQ? .What type of IFRS did Ericsson decide to disclose in its financial statements in 2006? 4. How would the adoption of IFRS affect Ericsson's index of conservatism in 2004? How does that compare with the index for conservatism according to U.S. GAAP? What was the index in 2006 for IFRS GAAP income reported by Ericsson and U.S. GAAP income disclosed to the SEC? what does that tell you about the convergence process? 5. Should Ericsson adopt full IFRS or IFRS as adopted by the EU? What differences does it make