D. Given these differences, determine which disclosure standard( s) would be most appropriate for your company given their desire to expand globally, and explain why they would be appropriate.
E. Assess the impact that the convergence of GAAP and IFRS will have on investors of companies in the United States and in the global market.
F. Assess the impact that the convergence of GAAP and IFRS will have on firms similar to your company. In other words, how will its effect on investors and the global market affect the company?
G. Explain the role of International Accounting Standards Board( IASB) in harmonization. How is the board created? In other words, how does this support convergence?
1. What are your thoughts on how this may or may not impact your company?
III. Global Market: For this part of the project, you will explain to your audience the impact that expanding into the global market will have on your decision-making tools and processes.
A. Analyze the potential issues in financial statement analysis when conducting business in the chosen country.
B. Make recommendations on how your company could avoid these financial statement analysis issues.
C. Analyze the international financial statement analysis process for potential benefits. In other words, what would be the benefits of international financial statement analysis despite the potential issues?