You are expected to modify the Financial Statement you picked for your assignment based on your understanding on IFRS standards assigned in the assignment and a one or two paragraph describing the modifications you make to the financial statements) comparing and contrasting the standards listed in the assignment.
For the company IBM compare and contrast the following pronouncements and the current GAAP standards:
Inventory costing method (IAS2)
Valuation of the property plant and equipment (IAS16)
Fair value measurement standards (IFRS 13)
I have listed the website for IBM's current financial statement.
https://www.google.com/finance?q=NYSE:IBM&fstype=ii