IFRS TO GAAP HELP
I am creating a 3 statement financial model of a European company that was bought out by a strategic American firm. The accounting principle changed from IFRS to GAAP in 2024, and I want to reflect the historical in GAAP to properly compare the numbers. Also, they are showing a 15 month period now for 2025 figures. What should I change in the different statements to show GAAP?
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