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International accounting class ! My MNC is: The Coca Cola Company Link to The Coca Cola Company's annual report for the fiscal year ended December

International accounting class !

My MNC is: The Coca Cola Company

Link to The Coca Cola Company's annual report for the fiscal year ended December 31, 2020:

https://www.sec.gov/ix?doc=/Archives/edgar/data/21344/000002134421000008/ko-20201231.htm

1.Describe what international accounting standards has THE COCA COLA COMPANY from this list:

#21The Effects of Changes in Foreign Exchange Rates

#27Separate Financial Statements

#28Investments in Associates and Joint Ventures

#29Financial Reporting in Hyperinflationary Economies

#31 Interests in Joint Ventures (superseded by IFRS 11 Joint Arrangements and IFRS 12Disclosures of Interests in Other Entities)

and

IFRS 3Business Combinations

IFRS 8 Operating Segments

2) Then select one of the applicable listed standards (if any of the list applies to the coca cola company) and explain how THE COCA COLA COMPANY (MNC) handles it.

3) What companies might the (MNC) THE COCA COLA COMPANY include in a benchmarking study and in which countries are those companies located.The answer should include, at least, four other companies, one of which is based outside the U.S., for the comparison.

EXAMPLE: of the response, Ford Motor Company.

Ford might want to include the following companies in a benchmarking study:

U.S. - General Motors, Chrysler

Japan - Honda, Toyota, Subaru

Germany - BMW, Volkswagen,Audi

Korea - Hyundai, Kia

France - Renault, Peugeot

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