Homework answers / question archive / A) Use the attached “Jaunty Coffee Company Balance Sheet and Income Statement” to do the following: 1

A) Use the attached “Jaunty Coffee Company Balance Sheet and Income Statement” to do the following: 1

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A) Use the attached “Jaunty Coffee Company Balance Sheet and Income Statement” to do the following: 1. Complete the “IFRS Balance Sheet” section using the numbers provided in the “GAAP Balance Sheet” section. 2. Complete the “Differences Between GAAP and IFRS” section. B. Write an analysis (suggested length of 3–5 pages) in which you do the following: 1. Discuss how the information found in the “Additional Information” section (located below the “GAAP Balance Sheet”) would impact the balance sheets. 2. Summarize the similarities and the differences found in the eight items of the “Additional Information” section. 3. Justify the use of GAAP or IFRS in accordance with your calculations from part A. C. Write a letter (suggested length of 2–4 pages) to the board of directors in which you do the following: 1. Recommend whether Jaunty Coffee Company should convert to IFRS or continue use of GAAP. 2. Justify your recommendation, using at least one of each of the following to support your justification: ? a ruling ? a regulation ? a policy D. Submit your completed “Jaunty Coffee Company Balance Sheet and Income Statement.” E. When you use sources, include all in-text citations and references in APA format.