accounting case
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Apply IFRS 1, "Adopting IFRS" and "Rev Rec" to your U.S. company used in the "Comparison Project" for the final effort in class which is to develop a plan for the transition to both IFRS and Rev Rec. Review the attached guide and references. Create an Excel file with the key steps, financial statements/key accounts--implications, challenges, issues and concerns. Also indicate organizational impact such as corporate reporting, HR, IT, internal auditors, external auditors, legal, etc.
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- chevron_adoption_of_ifrs_1_and_revenue_recognition.docx
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