Part 1: Select financial statements for two related (e.g., computer manufactures, pharmaceutical companies, cell phone companies, etc.) businesses; one that uses U.S. accounting reporting and the other that uses international accounting reporting. Identify the following items: (two financial statemnts are attached)
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- Provide the name, location, and accounting standards used for each business.
- Compare and contrast three major differences you see in the way the financial data is presented on the financial statements.
- Identify which set of financial statements you think is the easiest to understand and provides you with most accurate cost data as a manager. (Do not forget to look at the notes to the financial statements also.)
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Part 2: Analyze and discuss three international factors you think would affect the cost of the products made at the companies you selected and why.
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Part 3: Discuss any compliance and/or regulatory issues you think would be involved in the companies you have selected as they relate to the cost of the products made. For example, are there strict regulations on product pricing, tariffs imposed on raw materials needed to make the products, or strict regulations on the wages paid to workers?
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Conclusion and Recommendations
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Be sure to use APA formatting throughout Include at least two of your scholarly resources from the Online Library in your report.
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