Accounting class

1. Look at Carrefour’s December 31, 2018 financial statements. What basis of accounting are they using? Provide four proofs from the financials to support your answer.

Calculate the company’s current ratio and quick ratio and comment on the company’s liquidity.

Provide an assessment of the company’s generation and use of cash for 2018

2. List four differences between IFRS and GAAP as relates to inventory accounting.

4. How do IFRS and GAAP differ in presentation of interest paid and received and dividends paid and received on the cash flow statement?

5. Define what is meant by a subsequent event? How many types are there? What difference, if any is there between GAAP and IFRS in accounting for subsequent events?

6. What is meant when a company is labeled a going concern issue? What difference is there between IFRS and GAAP as relates to a going concern. Provide three factors/ items that require a company to indicate that a company may be a going concern issue

7. There is a global push to have one set of accounting standards for all the world’s countries. Many however do not yet require it or only permit it, and in some countries IFRS is not permitted. What is the status of adoption of IFRS in the following countries for their domestic listed companies:

a) Egypt b) Peru c) Costa Rica

8. Use Coca Cola ‘s December 31, 2018 Financials Calculate the Return on Investment (use operating income(loss) and Identifiable operating assets in your calculations) for both the North American and the Europe, Middle East and Africa segment for 2018. Which segment is performing better and how would you advise the lower performing segment to raise their ROI?

What type of subsequent event did it have, type 1 or 2 and explain your answer.

Comment on the Firm’s corporate governance as it relates to the CEO and Board Chairman position

9.What is meant by an ADR and by ordinary shares? Unilever is a public limited company with its corporate headquarters in London. What is the most recent price quote for its ADR’s listed on the NYSE and for its ordinary shares?

10. What are the following US Regulatory Reports and what are their report time deadlines?

A) 10K

B) 10-Q

C) 20 F