Air France–KLM (AF) , a French company

Air France–KLM (AF) , a French company, prepares its financial statements according to International Financial Reporting Standards. AF’s annual report for the year ended March 31, 2011, which includes financial statements and disclosure notes, is provided with all new textbooks. This material also is included in AF’s “Registration
Document 2010–11,” dated June 15, 2011 and is available at www.airfranceklm.com.
Required:
Describe the apparent differences in the order of presentation of the components of the balance sheet between IFRS as applied by Air France–KLM (AF) and a typical balance sheet prepared in accordance with U.S. GAAP.

 
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What are the Drawbacks Seem to be Not Thinking Related to The way to Create a powerful Argumentative Seek Part by just Tip and also Exactly what The following Means For the purpose of Everyone

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The financial statements and related disclosure notes of Dell Inc

Refer to the financial statements and related disclosure notes of Dell Inc. in Appendix B located at the back of the text.
Required:
1. What categories does the company use to classify its assets? Its liabilities?
2. Why are investments shown as a current asset?
3. Explain the current liability “deferred services revenue.”
4. What purpose do the disclosure notes serve?
5. What method does the company use to depreciate its property and equipment?
6. Does the company report any subsequent events or related party transactions in its disclosure notes?

 
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