Choose one international company based in the United States. Choose one international company based in your country. (If you are from the United States, choose another location.) Research your chosen companies and locate the companys financial statements for the two most recent years. Proceed to Part 1. Part 1 International Accounting Frameworks

Write one to two paragraphs describing what items in the financial statements from your chosen companies are presented differently because of the differences between US GAAP and IFRS standards. Your paragraphs must include the names of your chosen businesses, the location of the headquarters for each business, and hyperlinks to the financial statements of each of your businesses. Part 2 Financial Reporting Requirements

Using your chosen companies in part 1, describe the process the companies would have used to record transactions and consolidate them into financial statements. Describe the differences in reporting requirements between your chosen companies. Provide at least three examples of recording business transactions. Make sure to identify which items are asset, liability, equity, revenue, and expense accounts. Part 3 Accounting Analytics

Describe the accounting tools used to analyze financial statement data. Perform a horizontal analysis on either the Income Statement or the Balance Sheet of each of your chosen companies from part 1. Be sure to include all line items. Calculate the following five ratios for your chosen companies: Current Ratio, Net Profit Ratio, Return on Assets, Inventory Turnover and Gross profit Ratio Following the analysis, describe how an internal or external user of the analysis could identify if the companies were succeeding or not.