Project Homework
Select one of the following foreign countries: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics outlined below. In addition, using EDGAR, find the non-U.S. GAAP financial statements for a company from that country.
Based on your readings, use of technology, research of literature, and other sources make sure your project includes the following:
Prepare a 5 page analysis of the country you chose discussing the following:
i. Compare the accounting profession in your selected country including professional conduct rules
ii. Identify how the accounting standard are set in that country
iii. Identify two financial reporting standards that differ from those of U.S. GAAP
iv. Identify national characteristics unique to the country that influence accounting
For the two financial reporting standards identified in your paper, use Excel to create an applicable supporting schedule that provides an example of the adjustments that would need to be made to your foreign company's financial statements for it to comply with U.S. GAAP.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.