Advanced Financial Reporting : Conduct a research based on 25 consolidated financial statements of companies that prepare their financial statements according to IFRS.

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Advanced Financial Reporting

Conduct a research based on 25 consolidated financial statements of companies that prepare their financial statements according to IFRS.

Companies can be from whichever country in the world.In your research, use 2020 annual financial statements. Answer the following questions:

  1. Did the company change its accounting policy during the period covered by its financial statements?
  2. Did the company correct an accounting error during the period covered by its financial statements? If yes, please include details.
  3. What did the company mention as Events after the reporting period?
  4. What are the areas the company recognized provisions for?
  5. What are the areas the company disclosed as its contingent liabilities?
  6. Did the company disclose any contingent assets? If yes, please include details.
  7. Did the company acquire a new subsidiary in the period covered by its financial statements?

Prepare a table including list of companies, sector of their business (industry) and your findings on company-by-company basis .