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Compare and contrast us gaap with ifrs what most countries

Question: International Accounting

1- What is US GAAP ? What is IFRS

2- Compare and contrast US GAAP with IFRS. What most countries use US GAAP ? What countries use IFRS?

3- Are all major countries moving toward IFRS? What are the advantages and disadvantages? What about the US plans?

4- Describe the IFRS impact on a company's accounting team, financial reporting, and global strategy.

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Accounting Basics: Compare and contrast us gaap with ifrs what most countries

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