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(Financial Reporting Standards), what are some of the challenges that
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  • 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?

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