For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business.

The learning objectives of this report are as follows:

  1. Compare and contrast basic U.S. and international financial accounting standards. 2. Explain how key international factors affect business reporting.

ACC 5301, Management Applications of Accounting 3

  1. Identify key compliance and regulatory requirements.

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