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Debunking IFRS Myths

Thursday, October 14, 2010

Since 2002, the Financial Accounting Standards Board and the International Accounting Standards Board have been working to converge U.S. generally accepted accounting principles and international financial reporting standards. As expected, the project has sparked controversies — particularly in the United States, where many preparers believe U.S. GAAP is the gold standard of accounting rules and should remain intact... Read More

Marie Leone – CFO.com