Provide the name, location, and accounting standards used for each business. Compare and contrast three major differences you see in the way the financial data is presented on the financial statements. Identify which set of financial statements you think is the easiest to understand and provides you with most accurate cost data as a manager.
International versus U.S. Accounting Standards For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business. The learning objectives of this report are as follows: Compare and contrast basic U.S. and […]