Review the case study on Ericsson.
Ericsson: The challenges of listing on global capital markets and the move to adopt International financial reporting standards.
Question 1: Identify the major sources of influence on Ericsson's accounting standards and practices.
Question 2: If you were in the position of CFO, would you recommend that Ericsson adopt full IFRS or IFRS as adopted by the EU? Provide a rationale for your recommendation.