You do not need to recalculate any of the numbers when you recast the financial statements in either direction the difference is simply the WAY the balance sheet, the income statement, or the statement of cash flow is presented under US GAAP compared to IFRS, including in some cases the name of the accounts AND the manner or the order in which the accounts are presented under IFRS compared to US GAAP Below is the Daimler Benz (MB)'s 2019 Annual Report prepared under IFRS Daimler 2019 Annual Report (Links to an external site ) Pick any two of the financial statements the consolidated balance sheet (statement of financial position), the consolidated income statement (statement of income or statement of comprehensive income), or the statement of cash flows for MB Recast the two selected financial statements and present the statements following in accordance with the US GAAP, presentation wise, as accurately as you can ( you do not need to restate any of the results for MB in this process just work with the results as presented )

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You do not need to recalculate any of the numbers when you recast the financial statements in either direction-the difference is simply the WAY the

You do not need to recalculate any of the numbers when you recast the financial statements in either direction-the difference is simply the WAY the balance sheet, the income statement, or the statement of cash flow is presented under US GAAP compared to IFRS, including in some cases the name of the accounts AND the manner or the order in which the accounts are presented under IFRS compared to US GAAP.

Below is the Daimler Benz (MB)'s 2019 Annual Report prepared under IFRS:

Daimler 2019 Annual Report (Links to an external site.)

Pick any two of the financial statements: the consolidated balance sheet (statement of financial position), the consolidated income statement (statement of income or statement of comprehensive income), or the statement of cash flows for MB.

Recast the two selected financial statements and present the statements following/in accordance with the US GAAP, presentation-wise, as accurately as you can (you do not need to restate any of the results for MB in this process just work with the results as presented).