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options descriptions what order should this go in? the stages of the Evolution of International Accounting Standards in the correct order. FASB/ASB agree to align
options descriptions what order should this go in? the stages of the Evolution of International Accounting Standards in the correct order. FASB/ASB agree to align N International Accounting Standards Board 3 More than 100 countries have adopted IASB 5 U.S. SEC consideration 6 International Accounting Standards Committee EU actions Predecessor organization Responsible for the formulation of new international financial reporting standards. The EU has mandated harmonization of accounting standards and 7,000 publicly traded companies were to be in accordance with IASB standards. These two bodies agreed to try to align standards suggesting that differences might eventually disappear. The U.S. Securities and Exchange Commission is considering allowing firms to use IASB standards instead of GAAP (generally accepted accounting principles). These countries have adopted the IASB standards or permit firms to use them
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what order should this go in?
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