Identify national characteristics unique to the country

Select one of the 5 foreign countries we have studied this term: China, Germany, Japan, Mexico or the United Kingdom, and provide a country profile discussing the topics outlined below. In addition, using EDGAR (http://www.sec.gov/edgar.shtml), find the non-U.S. GAAP financial statements for a company from that country.

PROJECT REQUIREMENTS:

Prepare a 4-5 page analysis of the country you chose discussing the following:

Compare the accounting profession in your selected country including professional conduct rules

Identify how the accounting standard are set in that country

Identify two financial reporting standards that differ from those of U.S. GAAP

Identify national characteristics unique to the country that influence accounting

For the two financial reporting standards identified in your paper, use Excel to create an applicable supporting schedule that provides an example of the adjustments that would need to be made to your foreign company’s financial statements for it to comply with U.S. GAAP.

WRITING REQUIREMENTS:

The report should be 4-5 pages in total (not including cover page, abstract, or references)

Include the Excel spreadsheet(s) as exhibits in your paper

EDGAR resource and FASB proposed standard.

All sources used are to be cited in APA format