I am doing research about 'Air France'. And this is for international accounting class.

You should choose a large company (preferably with assets over 1 Billon, or an equivalent amount) which uses IFRS and that filed a 20-F to the SEC in 2007 for the 2006 financial year. Examples of companies you can choose from are at the end of these instructions, but you are not limited to those.

The 20-F filed in 2007 was the last one with the reconciliation of IFRS to U.S. GAAP. You can find the reports in the SEC database at www.sec.gov (under "filings" and then company filings search).

The company still needs to exist in the present, but it does not necessarily need to still be traded in U.S. stock exchange markets.

iv. Describe broadly the world market shares in this industry. Is this industry an IFRS dominant industry or do most major companies use U.S. GAAP or other GAAPs?

v. In light of your answer to the previous question, do you think that a U.S. company in this industry will achieve significant comparability of its financial statements if it switches to IFRS?