Air France-KLM (AF), a Franco-Dutch company, prepares its financial statements a

Air France-KLM (AF), a Franco-Dutch company, prepares its financial statements according to International Financial Reporting Standards. AF’s financial statements and disclosure notes for the year ended December 31, 2017, are available under the Finance link at the company’s website
https://www.airfranceklm.com/en/finance/publications/results
Answer the following questions:
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.

Leave a Comment

Your email address will not be published.