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US GAAP or IFRS
Question posted
in
Financial Services
on
09 2009
Rate question difficulty level
4
1 Votes
What do you recomend for our company to use, US GAAP or IFRS?
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In most of the cases it is not a decision, because it depends of the country the company is operating; these are reporting requirements that vary between countries. It will also depend in the strategy of the company, and finally the world is moving to IFRS so the natural decision should be to move or use IFRS if the company has the opportunity to use any of both reporting standards.
09/19/2009
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Location:
United States
Tags:
accounts
,
finance
Occupations:
Accounts Payable\Receivable
,
Actuarial Analysis
,
Corporate Accounting
,
Corporate Finance
,
Financial Analysis\Research\Reporting
,
Financial Control
,
Financial Planning\Advising
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Financial Products Sales\Brokerage
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