PROBLEM 11-3 IFRS Illustrated Financial Statements Each of the Big 4 auditors along with Grant...
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PROBLEM 11-3 IFRS Illustrated Financial Statements Each of the Big 4 auditors along with Grant Thornton and BDO International provide illustrative financial statements on their web pages. http://www.pwc.com http://www.grantthornton.com http://www.kpmg.com http://www.bdointernational.com http://www.iasplus.com/fs/fs.htm http://www.ey.com/global Required: Using one of the web pages, find an example of a financial statement prepared using IFRS. A. Conduct a web search and provide a summary of differences between the IFRS income statement and a typical income statement prepared using U.S. GAAP. B. Conduct a web search and provide a summary of differences between the IFRS balance sheet and a typical balance sheet prepared using U.S. GAAP. C. Conduct a web search and provide a summary of differences between the IFRS statement of cash flows and a cash flow statement prepared using U.S. GAAP.
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