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International Financial - page 2 / 15

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Table of Contents

Key Differences between U.S. GAAP and IFRS for Consumer Products Companies ..................................................................................4

Inventories....................................................................................................................................................................................................4

Leases............................................................................................................................................................................................................5

Impairment of Long-Lived and Indefinite-Lived Assets.............................................................................................................................6

Property, Plant and Equipment...................................................................................................................................................................6

Additional Differences.................................................................................................................................................................................7

More Than Accounting....................................................................................................................................................................................8

What Now?.....................................................................................................................................................................................................10

Two Approaches ........................................................................................................................................................................................10

The Roadmap .............................................................................................................................................................................................11

Resources and Contacts.................................................................................................................................................................................12

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