The Assignment below will ensure you have a thorough understanding of the differences between IFRS and US GAAF'. Answer the following homework problems thoroughly and in complete sentences. Save your answers in a Word document and submit them to the Dropbox. 1. Identify and describe the types of differences that exist between IFF!S and US. GAAF'. 2. Foreign companies whose stocks are listed on United States Stock Exchanges are required to file Form 20F reconciliations with the Securities and Exchange Commission if they prepare their consolidated financial statements in accordance with any standards different than current US GAAP or IFRS. Prior to 2014, AngloGoId Ashanti prepared their annual audited consolidated nancial statements contained in the annual report on Form 20F for years ending on or before December 31, 2012 in accordance with US. GAAFt Howeyer, the company made a change in 2014 and prepared the annual audited consolidated financial statements contained in the annual report on Form 20F for the year ended 31 December 2013 in accordance with IFFtS as issued by the IASB. For this Assignment, you are going to analyze the differences in the year ending 12J'3LI'2012 gures found in the 2012 and 2013 Form 20F Reconciliations. Download the 2013 Form 20F and the 2012 Form 20F. Compare the 2012 nancial data found in the 2013 Form 20F with the 2012 nancial data found in the 2012 Form 20F Reconciliation. Analyze the differences in the key financial indicators used by nancial analysts and comment on your findings. Make sure you include, at a minimum. answers to the following questions in your analysis