Question
In December 2007, the SEC eliminated the reconciliation to US GAAP for Foreign Public Filers who use IFRS. See the 2019 annual report Form 20-F
In December 2007, the SEC eliminated the reconciliation to US GAAP for Foreign Public Filers who use IFRS.
See the 2019 annual report Form 20-F for FCA Group (Fiat Chrysler Automobiles) and the 2019 annual report Form 10-K for General Motors (GM).
Prepare an enumerated list of notable differences between the financial statement package for the year ended 12/31/2019 for FCA verse GM. Consider terminology, layout of financial statements and generally the footnotes.
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1 GMs financial statements are much more detailed than FCAs GM provides a lot more information on it...
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
