a.
Explain the accounting principle which is used by foreign and domestic companies for financial statements’ preparation.
b.
Identify if the foreign and domestic companies provide a set of financial statements that includes the same components.
c.
Differentiate between the formats of income statement of two companies.
d.
Give five differences between the formats of
e.
Mention terminologies difference if exists between the companies’ balance sheet and income statements.
f.
Identify if there is the similarity between the two companies on the basis of the scope and content of the information provided in the notes to the financial statements
g.
Contrast the overall presentation of the financial statements and notes to the financial statements between the companies.
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Chapter 2 Solutions
INTERNATIONAL ACCOUNTING>CUSTOM<
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