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Assume that all the companies outside the United States do not use International Financial Reporting Standards (IFRS). Describe at least two obstacles to the worldwide
- Assume that all the companies outside the United States do not use International Financial Reporting Standards (IFRS). Describe at least two obstacles to the worldwide comparability of financial statements, per the scenario, and provide two strategies to overcome the barriers in question. Include support for your rationale.
- Please respond in your own words, with good explanations and examples. I want a unique answer that hasn't already been said. Thank you !!
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