Us gaap to ifrs

In the finance world there are two major groups that establish guidelines for how to report your activity. The two groups are US GAAP and IFRS. In recent years many American companies have wanted to switch to IFRS. In order to make the change smooth the past ten years there has been making comprises. Even though many would want the change to the accounting reporting system have aspects that differ greatly. Since many companies are going international then the accounting should go away from G

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