Question
Regarding about Segmental information is an important part of financial reporting, select two companies - one that uses IFRS and the other that uses U.S.
Regarding about Segmental information is an important part of financial reporting, select two companies - one that uses IFRS and the other that uses U.S. GAAP.
Reference: https://www.accountingtools.com/articles/what-is-segment-reporting.html Questions:
- Discuss the presentation of these companies' financial statements.
- What are the key differences and which presentation do you feel is more useful to financial statement users?
Please provide your reference and its link
Step by Step Solution
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Step: 1
For this comparison lets choose two wellknown companies Nestle which follows International Financial Reporting Standards IFRS and CocaCola which adheres to US Generally Accepted Accounting Principles ...
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Step: 2
Step: 3
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
