Refer to Exhibit 3 6 Required Which countrys GAAP appears to be the most oriented toward equity investors Which countrys GAAP appears to be the least oriented toward equity investors Why do you say so ...

The country whose GAAP is most oriented toward equity ...

Refer to Exhibit 3-6. Required: Which countrys GAAP appears to be the most oriented toward equity investors?

Question:

Refer to Exhibit 3-6.

Required:
Which country’s appears to be the most oriented toward equity investors? Which country’s appears to be the least oriented toward equity investors? Why do you say so?

GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...