Difference between GAAP and IFRS 2. 9 pages typed report using 12 font Times New Roman, double-spaced in Microsoft Word. The report should include an introduction, description of the topic, its current use, its future prospects, and its pros and cons … and a conclusion. It is possible that not all reports will have all the elements mentioned due to the nature of the topic. 3. A references page that includes all the sources used to prepare the report. Use the referencing style of the American Accounting Association (AAA) provided in Appendix A.