Question: Go to Cadbury s Web site at www cadbury com and find the

Go to Cadbury’s Web site at www.cadbury.com, and find the link to its most recent annual report. Then, locate the financial statements and notes.


1. Look in the notes and find where the firm discusses its accounting methods. Can you tell what accounting standards the firm uses? How about currency denomination?
2. What firm serves as the external auditors for Cadbury?
3. On the firm’s balance sheet (in Exhibit 11.2) and income statement (provided on the following page), find five things you recognize asnon-GAAP.


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  • CreatedSeptember 01, 2014
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