Which entities must follow GAAP and IFRS? Why would an entity that isnt required to follow GAAP

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Which entities must follow GAAP and IFRS? Why would an entity that isn’t required to follow GAAP or IFRS do so? If an entity doesn’t follow GAAP or IFRS, how does it prepare its financial statements?

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Financial Accounting A Critical Approach

ISBN: 9780070967601

3rd Edition

Authors: John Friedlan

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Question Posted: Jun 12, 2024 02:04 AM

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Which entities must follow GAAP and IFRS? Why would an entity that isnt required to follow GAAP

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Financial Accounting A Critical Approach

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