IFRS Project Part 1Company: Royal Dutch Shell2-3 pages. * I am half done, please see attached for the reference. 1) A description of the company (Note: for this part of the project use information from the present, 2016):Its major productsIts geographic presence iii. Identify major US competitors.Describe broadly the world market shares in this industry. Is this industry an “IFRS dominant” industry or do most major companies use U.S. GAAP or other GAAPs?In light of your answer to the previous question, do you think that a U.S. company in this industry will achieve significant comparability of its financial statements if it switches to IFRS?
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