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Write a paper on the importance of properly accounting for pensions and benefits both from a GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial

Write a paper on the importance of properly accounting for pensions and benefits both from a GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Statements) perspective.

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In the US there are regulations put in place for yearly financial accounting known as the GAAP These principles are deployed by FASB and are national version of IFRS The accounting concepts within GAA... blur-text-image

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