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Locate the most recent Form 20-F of Toyota Motor Corporation. a. First, determine whether the financial statements were prepared in accordance with IFRS or another
Locate the most recent Form 20-F of Toyota Motor Corporation.
a. First, determine whether the financial statements were prepared in accordance with IFRS or another report-ing framework, and describe where you located this basis of preparation information.
b. Considering what you learned in this chapter, why might Toyota be permitted to prepare financial state-ments for the U.S. SEC in accordance with a reporting framework other than GAAP?
c. Finally, identify Toyotas auditor and describe the auditing standards applied by the companys auditors.
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