In December 2007, the SEC eliminated the reconciliation to US GAAP for Foreign Public Filers who use

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In December 2007, the SEC eliminated the reconciliation to US GAAP for Foreign Public Filers who use IFRS.

See the 2019 annual report Form 20-F for FCA Group (Fiat Chrysler Automobiles) and the 2019 annual report Form 10-K for General Motors (GM).

Prepare an enumerated list of notable differences between the financial statement package for the year ended 12/31/2019 for FCA verse GM. Consider terminology, layout of financial statements and generally the footnotes.

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Intermediate Accounting

ISBN: 978-0324312140

16th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Posted Date: Aug 16, 2020 02:01 PM

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In December 2007, the SEC eliminated the reconciliation to US GAAP for Foreign Public Filers who use

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1 GMs financial statements are much more detailed than FCAs GM provides a lot more information on it... View the full answer

Intermediate Accounting

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