解释一下知识点。 感谢

问题如下：

Question

1. Borrowed money from an insurance company and pledged some of its production facilities as collateral for the loan.

2. Entered into an agreement with a local construction company to build a new research facility at a fixed price. Construction is to begin by 1 January 2016 and be completed by 31 December 2018.

With respect to required disclosures in the company’s financial statements, which of the following is most accurate? If the company reports under:

选项：

A.US GAAP, only the pledged borrowing must be disclosed.

B.International Financial Reporting Standards (IFRS), neither transaction must be disclosed.

C.US GAAP, neither transaction must be disclosed.

解释：

1. Incorrect. US GAAP does not require disclosure of either transaction, but IFRS requires that both be disclosed.

2. Incorrect. Only IFRS requires that both transactions must be disclosed.

3. Correct. Under US GAAP, neither transaction must be disclosed, but disclosure of both transactions is required under IFRS.

• analyze and interpret financial statement disclosures regarding property, plant, and equipment and intangible assets