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Find the financial statement of a company following U.S. GAAP and another following IFRS. Provide a screenshot of their balance sheet disclosures of Property Plant
Find the financial statement of a company following U.S. GAAP and another following IFRS. Provide a screenshot of their balance sheet disclosures of Property Plant and Equipment sections. Explain 1) how they are similar and 2) how they are different. Explain why the legal culture in the U.S. may be different in other countries when explaining the reason for the dissimilarities.
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