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Review the Avon Rubber income statement and identify at least three differences between the IFRS income statement and an income statement of a U.S. company

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Review the Avon Rubber income statement and identify at least three differences between the IFRS income statement and an income statement of a U.S. company as presented in the chapter. Identify any irregular items reported by Avon Rubber. Is the reporting of these irregular items in Avon's income statement similar to reporting of these items in U.S. companies' income statements? Explain. Your client took accounting a number of years ago and was unaware of comprehensive income . He is not convinced that any accounting standards exist for comprehensive income. Review the Avon Rubber income statement and identify at least three differences between the IFRS income statement and an income statement of a U.S. company as presented in the chapter. Identify any irregular items reported by Avon Rubber. Is the reporting of these irregular items in Avon's income statement similar to reporting of these items in U.S. companies' income statements? Explain. Your client took accounting a number of years ago and was unaware of comprehensive income . He is not convinced that any accounting standards exist for comprehensive income

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