Question
1- Briefly summarize the GAAP and IFRS systems. 2- In one or two paragraphs describe the main differences between the two systems. 3- According to
1- Briefly summarize the GAAP and IFRS systems.
2- In one or two paragraphs describe the main differences between the two systems.
3- According to the material, why is it important (or is it?) to converge the existing global systems?
4- In one or two paragraphs, write your opinion about what the author discusses: do you agree with his argument? In other words, do you think the convergence of global accounting systems is necessary? or could it be harmful? Why?
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Contemporary Auditing
Authors: Michael C. Knapp
10th edition
978-1285066608, 128506660X, 978-1305445161, 1305445163, 978-1305970816
