Looking for help with an assignment? Connect with an assignment Expert Now!

Describe in an appropriate level of detail the differences that resulted when you recasted your chosen financial statements from the IFRS to US GAAP,

Describe in an appropriate level of detail the differences that resulted when you recasted your chosen financial statements from the IFRS to US GAAP,.

Option #1: Mercedes Benz

Below is the Mercedes Benz (MB)’s 2018 Annual Report prepared under IFRS:

Pick any two of the financial statements: the consolidated balance sheet (statement of financial position), the consolidated income statement (statement of income or statement of comprehensive income), or the statement of cash flows for MB. Recast the two selected financial statements and present the statements following/in accordance with the US GAAP, presentation-wise, as accurately as you can (you do not need to restate any of the results for MB in this process — just work with the results as presented). The recasted financial statements should be an Exhibit or Appendix to your paper. Describe in an appropriate level of detail the differences that resulted when you recasted your chosen financial statements from the IFRS to US GAAP, supported with references from the readings in this module or outside references, where appropriate.

Requirements:

  • Write a paper of 3-4 pages in length, not counting the title and reference pages, which you must include.
  • The recasted financial statements should be an Exhibit or Appendix to your paper.
  • Use terms, evidence, and concepts from class readings, including professional business language.
  • Cite at least 3 credible, academic or professional sources for this assignment, outside of the

Describe in an appropriate level of detail the differences that resulted when you recasted your chosen financial statements from the IFRS to US GAAP,

Get a Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Pressed for time on your upcoming paper? We can help!

Bored with homework

Reviews from Clients who Ordered from Our Website

Why Us?

Quality

We use grammar & plagiarism softwares and a Quality Assurance Editing Team to ensure you get a ready to submit paper

Fast

We understand how tight deadlines can get and are always eager to work and beat tight deadlines

Revision

To deliver the best results we offer endless revisions to ensure you get just what they asked for

Personalised

You get to chat and interact with the writer to ensure the paper meets all standard requirements

How it Works

Place an Order

Provide your contact information, select an order type, and describe your requirements. This isn’t going to take long!

Image showing step 1 of making an order
Image showing how to make payment for your order

Select an Appropriate Writer

We’ll match your specifications with our available authors after we have all of the relevant information concerning your order.

Image showing how to download your completed results

Enjoy the End Product

One of our specialists will fulfill your purchase according to your specifications so that you are happy with the end result.