International Accounting

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Specs: APA format, 12 fonts, Times new roman, Typed, double spaced, spell checked; standard margins and format with bibliography. Please reference all quotes and “paraphrases” from published sources at the point where used in your paper. Use in-line citation format, then include details in the bibliography.

Roughly 1500 words

Select two comparable companies, Bombardier and Embraer. Annual reports are all updated with this document.

  • Prepare a brief narrative description of each of these companies for your report, and compare them in terms of size, as well as industrial and geographical characteristics.
  • Specify period under review, and sources of information for each company, and for the project as a whole, as you use these and in the bibliography.
  • Describe how accounting principles have developed in each country in general terms, and evaluate the general content and approach of the Annual Report relative to this development. Why does financial reporting in the countries differ?

For sections 4, the lists are designed to be suggestions or examples of relevant items for comparison, not checklists to be rigorously followed.

4. Income Statement: For each company, describe (and/or) determine, evaluate and compare the following items:

a) Form and content of income statement

b) Manner of presentation of unusual/extraordinary items.

c) Presentation and computation of earnings per share data?

d) Accounting policies, which are unusual or unique.

e) Method of accounting for foreign currency translation.

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