IFRS Project Part 1
Company: Royal Dutch Shell
2-3 pages.
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1) A description of the company (Note: for this part of the project use information from the present, 2016):
- Its major products
- Its geographic presence
iii. Identify major US competitors.
- Describe broadly the world market shares in this industry. Is this industry an “IFRS dominant” industry or do most major companies use U.S. GAAP or other GAAPs?
- In light of your answer to the previous question, do you think that a U.S. company in this industry will achieve significant comparability of its financial statements if it switches to IFRS?
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