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Google is a worldwide technology focusing on getting better the ways citizens connect as well as employ the information. And also they are operating to manage the earth's information along with create it simply accessible as well as useful to one and all. Google web search as well as promotion has made Google individual of the most accepted brands of the earth. Google Inc produces revenue through delivering applicable as well as cost effective online publicity and providing other goods.
This document represents a full study of the industry of Google Inc as well as its performance for a period of 3 years. I will focus on the years between 2009 and 2011. The International Financial Reporting Standards (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB). The functions of the IFRS foundation can be divided into two main areas: Governance and oversight, and operations. The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) are committed to crafting one set of accounting standards. The goal of the convergence project is to unify accounting standards, which in turn should improve comparability of financial statements across national jurisdictions (Shim, Siegel, 2010). Google has a reputation as an innovative company, but in fact it owes a lot of its success to acquisitions. Merging with or acquiring another firm represents a considerable change that can affect the interests of stakeholders beneficially or detrimentally. Since its emergence the Google Inc. has made more than 175 business combinations. Some of them were prior to 2009 and some after it. A scrutiny of annual reports and form 10K of Google from 2009 reveals that the company has followed all the prescribed reporting guidelines as per ASC 805. The auditors of

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