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What are the major differences betweenU.S.GAAPandIFRSin the reporting of assets and liabilities? FASBandIASBreleased a joint exposure draft with a major goal of developing a single

  1. What are the major differences betweenU.S.GAAPandIFRSin the reporting of assets and liabilities?
  2. FASBandIASBreleased a joint exposure draft with a major goal of developing a single revenue model that would be comprehensive and principles-based. What are the obstacles to the joint exposure draft?

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