Research the difference between American Depositary Shares and American Depositary Receipts. Then, visit the SEC's website (www.sec.gov)

Question:

Research the difference between American Depositary Shares and American Depositary Receipts. Then, visit the SEC's website (www.sec.gov) to locate the final SEC rule Release No. 33-8879 issued on December 21, 2007 and research whether foreign issuers must file with the SEC in conformity with generally accepted accounting principles (GAAP).
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...