What is the primary difference between how IFRS and U.S. GAAP account for equity investments?
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What is the primary difference between how IFRS and U.S. GAAP account for equity investments?
GAAPGenerally 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...
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IFRS 9 allows companies to make onetime asse...View the full answer
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Related Book For 
International Accounting
ISBN: 978-1260466539
5th edition
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
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