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In a professional career, one may be called upon to conduct research and deliver findings in professional settings. As discussed in the text, the SEC

In a professional career, one may be called upon to conduct research and deliver findings in professional settings. As discussed in the text, the SEC is considering moving from GAAP to international accounting standards.

Provide detailed scenarios (these can be case studies, articles, or any published accounting scenario within the last 5 years) in which GAAP and IFRS

would handle the situation differently.

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