equirement $1)$ Students form groups of three at maximum. They should select three companies from one industry sector list of industry sectors and companies are attached in the guide$)$ For each company selected, the comparative financial statements for the $2017/2018$ is to be examined for this project purposes. I Each group to submit a report includes answers for the following questions: Answer the following questions based on the selected companies: $1.$ When the company has adopted the application of IFRS $2.$ What is IFRS standard the company use to present its financial statements? $3.$ Select three standards that are applied by the company, your selection should be from the following standards and depends on what standard is used by the selected companies. Leases IFRS $16$ Accounting Policies$\_$IAS $8$ Non$-$Current Assets Held For Sale IFRS$5$ Revenue from contracts with customers$\_$IFRS $15$ Share Based Payment IFRS $2$ Earnings Per Share IAS $33$ Financial Instruments Presentation IAS $32$ Compare the three annual reports of the selected companies for the following points