Solved: Pending transition from us gaap to ifrs, Accounting Basics

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Pending transition from us gaap to ifrs

Question: If the US transitioned from separate accounting rules for book and tax purposes to one set of rules for both, which set of rules might be selected and why? How might the pending transition from US GAAP to IFRS impact your decision, if at all?

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Accounting Basics: Pending transition from us gaap to ifrs

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