(Financial Reporting Standards), what are some of the challenges that
- DQ #1: Based on Chapter 3 (Financial Reporting Standards), what are some of the challenges that companies encounter in order to comply with financial reporting standards?
DQ #2: Based on your reading and your work experience (or your research if you do not have any prior work experience), what effective measures could a company take in order to meet the international financial reporting standards?
DQ #3: As an investor/shareholder of a company, what two pieces of information on the company’s balance sheet would you be most interested in analyzing? How would you use the results of the analysis?