Difference between Canadian and German accounting standards and annual report
Describe how accounting principles have developed in Canada and Germany in general terms, and evaluate the general content and approach of the Annual Report relative to this development. Why does financial reporting in the countries differ?
Please describe each contries accounting standards development process(IFRS), and focus on accounting standards difference between Canadian and German
Please use APA style.
Please focus on the difference between the IFRS and the annual report. The most important thing is to explain why their standards are different. If possible, please provide a brief description of the accounting history of the two countries.