This article compares the financial statements of three auto manufacturers under different accounting standards. The researchers found that using International Financial Reporting Standards (IFRS) generally led to higher net income compared to U.S. Generally Accepted Accounting Principles (U.S. GAAP). Some differences between the two standards have been resolved, but persistent issues remain, such as pension expenses and minority interests reporting. The goal was to highlight discrepancies in financial reporting practices between the two standards and their impact on the auto industry.