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Hi
I have chosen three companies for my RAP, The problem is that the main company is adopting IFRS, while the benchmark companies are using GAAP and Hong kong accounting rules.My question is that okay to chose such companies as benchmark ? provide i state the limitation in part 2 ?
My other questions is that my RAP is about topic 15, which is working capital management WCM, my question is can i restructure the financial statements of the respective companies?
I mean WCM i will be only interested in Inventory, Receivables and payables, what i mean is that in the appendix file, can i just show just these items and the rest i just put them as other current assets as a total figure instead of showing all the other break down ??Appreciate your help
Thanx for your respond,
But my question was about OBU, Is it okay to choose companies adopting different accounting policies and make comparison among them ?
Abbas – Johny is a spam bot and picked up a few of your key phrases and that’s why it doesn’t answer your question!
(Both Gene and I have suggested to the Forum Moderator that Johny be blocked to prevent further intrusions)
@Abbas no dear dont risk your attempt. Go for other companies which are simple and have same policies. There are no marks for tricky situation that you tackle but there is penalty for incomplete evaluation. ” this is not a PhD thesis” these are the words I read some where on official literate of OB-ACCA.
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