IFRS and GAAP Convergence
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...Convergence s IFRS and GAAP Convergence 0 Introduction The General Motors Corporation (GM) is an American multinational automobile manufacturer. Its headquarters are in Detroit, Michigan. It is the largest automobile firm by the number of vehicle sales by the end of 2011. Currently, General Motors employs 202,000 employees and operates in 157 nations. The company manufactures cars and trucks in about 31 nations. Besides, the firm produces and sells vehicles in varying brands such as Cadillac, GMC, Opel, Buick, Holden and Chevrolet. The company has two main investments in Shanghai, China, and its Onstar branch gives the company safety, information services and security (Chandler, 1964... ? IFRS and GAAP...