Analyze how the presentation of working capital on financial statements differs between IFRS and GAAP.

• A. IFRS includes working capital on the statement of financial position, while GAAP does not.
• B. GAAP includes working capital on the balance sheet, while IFRS does not.
• C. Both IFRS and GAAP exclude working capital from their financial statements.
• D. Both IFRS and GAAP include working capital on their financial statements.

Answer: (A)