Why is the IASB standard (IAS 7) substantially shorter than the FASBs standard (SFAS No. 13)?

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Why is the IASB standard (IAS 7) substantially shorter than the FASB’s standard (SFAS No. 13)?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1483375021

9th edition

Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki

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Question Posted: Oct 05, 2018 07:11 AM

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Why is the IASB standard (IAS 7) substantially shorter than the FASBs standard (SFAS No. 13)?

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IAS 17 is more principlesbased lac...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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