What are the benefits of adopting international accounting


Discussion:

Adopting International Accounting Standards

• What are the benefits of adopting international accounting standards for (a) investors, and (b) business enterprises?

• What are the potential risks associated with a move toward the adoption of international accounting standards in a nation?

• In which nation is the move to adoption of IASB standard likely to cause the revisions in the reported financial performance of business enterprises, the United States or China? Why?

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Microeconomics: What are the benefits of adopting international accounting
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