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What is IFRS 8? What is US GAAP? What are the differences between IFRS 8 and US GAAP? What are the similarities between IFRS 8

What is IFRS 8? What is US GAAP? What are the differences between IFRS 8 and US GAAP? What are the similarities between IFRS 8 and US GAAP? How Does IFRS 8 and US GAAP effect SAMSUNG as a company? Why SAMSUNG would follow IFRS 8 instead of US GAAP?

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