Select one U.S. Multinational Corporation (MNC) that reports its financial statements using U.S. GAAP and a foreign company in the same industry that reports it
Case Information:
Select one U.S. Multinational Corporation (MNC) that reports its financial statements using U.S. GAAP and a foreign company in the same industry that reports its financial statements under any standards EXCEPT U.S. GAAP.. Prepare an Excel spreadsheet that shows the company’s revenue information presented under U.S. GAAP and under the foreign standards. Discuss and evaluate the differences in the information reported. Embed your Excel spreadsheet in your paper. Submit copies of these financial statements if you choose to do so.
Writing/Presentation Requirements:
- The body of this paper should be 2-3 pages (not including cover page, abstract or references) but not more than 4 pages.
- This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
- Be sure to provide specific examples throughout your paper to back up your statements
- All research papers are submitted in APA format for sources and citations
