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Describe ifrs and gaap and what convergence means discuss

Question -

Describe IFRS and GAAP and what convergence means.

Discuss at least three significant differences between IFRS and GAAP.

Discuss at least three similarities between IFRS and GAAP.

Identify three potential risks of IFRS and GAAP convergence.

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Accounting Basics: Describe ifrs and gaap and what convergence means discuss

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Accounting Basics: Describe ifrs and gaap and what convergence means discuss

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