Compare financial reporting disclosures of Boeing Co. to Abbvie, Inc. (NYSE: ABBV)
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Compare financial reporting disclosures of Boeing Co. to Abbvie, Inc. (NYSE: ABBV)
nnnn*Final Project* -Course: ACCTG-305 (Advanced Financial Accounting) -Textbook: Advanced Accounting 13th Edition – Joe Ben Hoyle Please compare Boeing Inc. and its financial reporting disclosures to that of Abbvie, Inc. (NYSE: ABBV). Analyze the areas where one company (ABBV or Boeing) is more or less complete and conservative in its application of US GAAP (or equivalent) than the other company and what the ramifications of this are. You will, of course, want to frame your analysis in the context of industry-specific differences, if any, and focus on areas of accounting we have studied this term. The simplest approach to doing this might be to compare the most recent 10- K annual reports (or equivalent) of the two organizations. Ultimately, be sure to conclude on whether one company (Boeing Inc. or ABBV) is more conservative and complete in its financial reporting disclosure than the other. Please cite any sources you use. *I attached a sample essay with same topic but for different companies. You can also take a look at the course (ACCTG-305 (Advanced Financial Accounting) syllabus to get some idea about what topics are taught in this course. 10-K Report-Boeing: https://www.sec.gov/ix?doc=/Archives/edgar/data/12927/000001292719000010/a201812dec3110k.htm 10-K Report-Abbvie Inc.: https://www.sec.gov/Archives/edgar/data/1551152/000155115219000008/abbv-20181231x10k.htm
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