Select an area of divergence between US GAAP(Ford) and IFRS (Audi) (Compare difference in two company base on accounting standard)

My part is introduction part which include, Industry overview, and general explain of difference two different standard.

Introduce Industry overview needs to talks about Auto mobile industry- Key activities & risk )

Provide difference between US GAAP and IFRS. – (Difference between two accounting standard(US GAAP&IFRS based on 2015 rule)
I need some example to support this difference with using example of company that i chose Ford (GAAP) & Audi(IFRS)

Below is requirement for assignment.

*rationale underlying the differential treatment (i.e., why US GAAP has its set of rules, and why the international standards differ).

Your should discuss the consequences of the difference in accounting standards for the firms and other stakeholders (e.g., equity investors, creditors, etc.) You should identify two publicly traded companies that illustrate the accounting and disclosure topic you’ve selected – one company for US GAAP and another for the international standards

Here is full version of description for my assignment

Select an area of divergence between US GAAP and IFRS
Your should include a description of the economic activity, how the activity/transaction is accounted for under US GAAP and under the international standards (i.e., IFRS or Chinese GAAP), and the rationale underlying the differential treatment (i.e., why US GAAP has its set of rules, and why the international standards differ).
Your should discuss the consequences of the difference in accounting standards for the firms and other stakeholders (e.g., equity investors, creditors, etc.) As part of the project, you should identify two publicly traded companies that illustrate the accounting and disclosure topic you’ve selected – one company for US GAAP and another for the international standards

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