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BUS 650 Week 3 DQ 1 GAAP vs IFRS

BUS 650 Week 3 DQ 1 GAAP vs IFRS

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Author: Lester Dunn
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http://www.homeworkrank.com/BUS-650-ASH/bus-650-week-3-dq-1-gaap-vs-ifrs


Description :

The United States uses Generally Accepted Accounting Principles (GAAP) as the basis of financial reporting. The International Financial Accounting Standards (IFRS) is an alternative way to report financials. This article from Ernst and Young compares the two methods of financial reporting.

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