Discussion Post: PwC's Illustrative Financial Statements
Explain in a three-paragraph essay how PwC's Illustrative Financial Statements "Value IFRS Plc" chose to present its statement of financial position differently from U.S. companies but in compliance with IFRS. Then explain an additional two of PwC's "Value IFRS Plc" disclosures that would not be in compliance with U.S. GAAP. Don't forget to include a cover page and references cited page in your essay.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.