_:n3e595ba478e04117a0c0c19397678f1fxb0
<http://schema.org/description>
"Nokia provided financial reports using IFRS while Microsoft reported using US GAAP.  Differences in national culture combined with different reporting requirements creates accounting and finance cultural differences.  These differences can lead to financial reporting misunderstandings and possible valuation problems.  Though there is little public information surrounding the rationale behind Microsoft’s valuation of Nokia, a consensus is that Microsoft paid too much for a company that had not..."
<https://www.internationalhub.org/post/case-study-of-a-failed-m-a-the-role-of-accounting-and-finance-in-microsoft-s-acquisition>