All of the following are options for non-US companies who wish to list securitie

Question

All of the following are options for non-US companies who wish to list securities on a US exchange EXCEPT: A. The company can use either IFRS or their local GAAR If a company uses their local GAAP they must reconcile net income and shareholders' equity or fully disclose all financial information required of US companies C. If a company uses their local GAAP they must reconcile net income and shareholders' equity and fully disclose all financial information required of US companies The company must file a form 20-F with the SEC PreviousSkip Save & Next Tech support r reechackt wer: 2a291 13Hov 2017 17:36:37 12:51:12 PM AST

Explanation / Answer

Except A & B

A) The company can use either IFRS or theri local GAAP.

B) If a company uses their local GAAP they must reconcile net income and sharehoders' equity or fully disclose all financial information required of US companies.

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