Posted: April 17th, 2015

The companies are:Nexen and CNOOC , search about two companies (Nexen and CNOOC)and their accounting standards

The companies are:Nexen and CNOOC , search about two companies (Nexen and CNOOC)and their accounting standards

Prepare a brief narrative description of each of these companies for your report, and compare them in terms of size, as well as industrial and geographical characteristics.(Information on the two companies, what they do.Size of the company etc…)
write up about the Differences in accounting practices,Similarities in accounting practices and Interesting findings about the two companies.(Describe how accounting principles have developed in each country in general terms,and evaluate the general content and approach of the Annual Report relative to this development.Why does financial reporting in the countries differ?