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Select one of the followingforeign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics: Compare the accounting
Select one of the followingforeign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics:
- Compare the accounting profession in your selected country including professional conduct rules
- Identify how theaccounting standardare setin that country
- Identify two financial reporting standards that differ from those of U.S. GAAP
- Identify national characteristics unique to the country that influence accounting
For the two financial reporting standards identified, provide a applicable supporting schedule that provides an example of the adjustments that would need to be made to the foreign company's financial statements for it to comply with U.S. GAAP.
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