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Once the new revenue recognition accounting standard is implemented by companies around the world in the future, will we really be able to compare Company
Once the new revenue recognition accounting standard is implemented by companies around the world in the future, will we really be able to compare Company A in Industry Z reporting under IFRS to Company B in Industry Z under the US GAAP?
Pleasecexplain in detail why or why not, justifying results with specific details and example.
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