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Kobyashi Moru Pet Food, USA Limited, (hereinafter called Kobyashi Moru) does not disclose segment information for its various divisions and profit centers because Chinese accounting standards do not require it. The Securities and Exchange Commission (SEC) does not require such disclosures or reporting delineations in required SEC filings for foreign issuers of stock or securities. Prepare a report that indicates the affect of the above cited differences in your audit report that will be widely used by stakeholders and potential stakeholders in the United States. Please consider a broad range of possibilities that will become apparent from your research and prior readings. Detailed analysis is necessary as are references for your conclusions.
You will find significant scholarly research on this subject. Your sources should be cited using APA style for citation. You should also prepare a reference page that lists your sources.
How much did the company collect in cash from debtors during 2006? How much sales would have been reported by the company in 2006 if Byfort would have been using cash accounting and not accrual accounting?
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Explain why you selected this particular work for your analysis
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