popular companies in the retail industry

Answer the following questions based on the selected companies:

1. When the company has adopted the application of IFRS

2. What is IFRS standard the company use to present its financial statements?

3. Select three standards that are applied by the company, your selection should be from the following standards and depends on what standard is used by the selected companies

-Leases IFRS 16

- Accounting Policies _IAS 8

-Non-Current Assets Held For Sale_IFRS5

-Revenue from contracts with customers_IFRS 15

-Share Based Payment_ IFRS 2

-Earnings Per Share_IAS 33

-Financial Instruments Presentation_IAS 32

Compare the three annual reports of the selected companies for the following points

List your selected standards in the selected companies.

What is the revenue amount for each company?

Where is the numbers related to the selected standards are presented? (Balance sheet, income statement, or equity statement)

What are the disclosures points that have been listed in the companies notes?

What are major shortcomings in the disclosure notes for your selected companies (indicate if there are any missing disclosure requirement based on the IFRS requirements for the selected standard)?

Based on your answers above what is your recommendation regarding the level of details in the three companies?