Download company information (annual reports) of your choice and answer the following questions.

1.Identify clearly that company follow General Acceptable Accounting Principle (GAAP)

OR

International Accounting Standards (IAS) (IFRS) from International Accounting Standard Board (IASB).

2.Identify any three principles or assumptions or constraint that company is following while adopting conceptual framework.

Important Instruction:

Students are required to provide picture evidence for their downloaded information where a particular assumption or principle or constraint is written with its page number.