Prepare a written report on the transition from U.S. GAAP to IFRS, Metlife Europe limited for IFRS
Question:
Prepare a written report on the transition from U.S. GAAP to IFRS, Metlife Europe limited for IFRS analysis and for us GAAP, i will be working with Metlife financial reports. Then, i should research the general challenges and opportunities faced by an American corporation in transitioning to IFRS. Explore the challenges and opportunities of transition by comparing the two reports. The comparison should explore:
How are the two annual reports different, especially with respect to the significant accounting policies?
A description of the main effects of transition to IFRS and challenges and opportunities that a company might face in making the transition.
How the recognition and disclosure in the two annual reports differ.
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna