Do an Internet search using the keywords “GAAP to IFRS” to update yourself on this important transition coming soon in the USA.
Answer to relevant QuestionsHow does an organization know if it is pursuing “optimal” strategies? How often should an organization’s vision/mission be changed in light of strategy evaluation activities? How do social policies on retirement differ in various countries around the world? If you owned a small business, would you develop a code of business conduct? If yes, what variables would you include? If no, how would you ensure that your employees were following ethical business standards? Do some research on Singapore to determine whether you agree that the country merits its #1 ranking globally in attractiveness for doing business.
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