Requirement 1) Students form groups of three at maximum. They should select three companies from one industry sector list of industry sectors and companies are attached in the guide) For each company selected, the comparative financial statements for the 2017/2018 is to be examined for this project purposes. I Each group to submit a report includes answers for the following questions: 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 Requirement 1) Students form groups of three at maximum. They should select three companies from one industry sector list of industry sectors and companies are attached in the guide) For each company selected, the comparative financial statements for the 2017/2018 is to be examined for this project purposes. I Each group to submit a report includes answers for the following questions: 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