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Discuss the international benefits of harmonization of the IFRS and the United States generally accepted accounting principles. Why is the analyst report important to an

Discuss the international benefits of harmonization of the IFRS and the United States generally accepted accounting principles.

Why is the analyst report important to an investor?

What has been the impact of the key provisions in the Sarbanes Oxley Act on the way financial reports are currently done?

Discuss the difference between rules based and principle based approach towards standard settings. Which method would you recommend and why?

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