Given that IFRS is not currently required in the U.S., foreign companies that list their stock on the New York Stock Exchange must:

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Foreign companies that list their stock on the NYSE have the option to either reconcile their financial statements to U.S. GAAP or use IFRS. They are not required to use U.S. GAAP or IFRS, but they must provide reconciliation to demonstrate consistency with U.S. GAAP for their financial statements.

Given That IFRS Is Not Currently Required in the U