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A current hot topic in accounting is potential change from

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U.S. GAAP vs. IFRS

A current hot topic in accounting is the potential change from U.S. GAAP to IFRS. There is much discussion on the topic and one that is worthy of investigation. Please conduct a thorough research inquiry on IFRS and the proposed changes this will present. Please take a position on whether these changes will be positive, or negative, and provide support as to why you made your choice.

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