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? Preface ? Company Introduction ? Overview of the annual report ? The business environment ? The auditors ? Analysis of the panies’ financial statements ? Coda Since the operating environments for economic entities are dynamic, accounting must also stay current with changing environments. Only then can it possibly retain its relevance and reliability for economic decisionmaking. International accounting is in direct response to the globalization phenomenon. In order to better understand international accounting, our group chose two paniesSiemens amp。 Haier. We pare and analysis the annual financial reports. Company Introduction: Siemens Company is created by Nashville Von Siemens in 1847 and it headquarters in Munich, Germany. Siemens Company has been 160 years. It is currently one of the world39。s largest electric panies, and in Europe, ranking second. In 190 countries it set up enterprises, and its employees are about 44 million. Siemens has more than 900,000 shareholders, and is the world39。s largest one of the listed panies. From March 2022, Siemens shares on the New York stock exchange (NYSE) listed for trading. Siemens global business operation respectively by 13 business groups is responsible, including Siemens financial service Co., LTD and Siemens real estate assets management group. Company Introduction: Its main business scope: Information amp。 munications, automation amp。 control, power, transportation, medical system amp。 lighting and so on. We can go to to learn more about Siemens Company. Haier Company: As we all know, Haier Company headquarters in Qingdao of our country. Haier is the leading brand of white goods globally and the most valuable brand in China. With its 29 manufacturing plants, 8 prehensive Ramp。D centers, 19 overseas trading panies across the world and more than 60,000 global employees, Haier has involved into a giant multinational corporation. Haier Company: As of this year, Haier as established 61 trading panies (19 outside of China), 8 design centers (5 outside of China), 29 manufacturing facilities (24 outside of China) and 16 industrial parks (4 outside of China). In addition, the pany maintains 58,800 sales outlets in over 160 countries. Haier is achieving its goal of building a global brand using the ThreeinOne localization strategy. Haier employs more than 50,000 people around the world, and has created 10,000 jobs outside of the PRC. We can go to to learn more about Haier Company. Typically, we can find six different sections in the annual reports: 1) Financial Highlights。 2) Company and Products。 3) Management Discussion and Analysis。 4) Financial Statements and Footnotes。 5) Statement of Management Responsibility and the Report