International Financial Reporting Standards (IFRS) were developed because a. Canadian GAAP were outdated. b. corporations wanted to
Question:
International Financial Reporting Standards (IFRS) were developed because
a. Canadian GAAP were outdated.
b. corporations wanted to change their reporting
c. different GAAP in countries of the world made global comparisons difficult.
d. new assumptions were defined.
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Related Book For
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
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