Question
It is generally argued that IFRS is more of a principles based accounting standard in contrast to U.S. GAAP which is considered more rules based.
It is generally argued that IFRS is more of a "principles based" accounting standard in contrast to U.S. GAAP which is considered more "rules based." Which standard do you believe is easier to manipulate for earnings management purposes? Explain.
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New Auditors Guide To Internal Auditing
Authors: Bruce R. Turner
1st Edition
1634540549, 978-1634540544
