International Financial Reporting Standards (IFRS) were developed because a. Canadian GAAP were outdated. b. corporations wanted to

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International Financial Reporting Standards (IFRS) were developed because

a. Canadian GAAP were outdated.

b. corporations wanted to change their reporting

c. different GAAP in countries of the world made global comparisons difficult.

d. new assumptions were defined.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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Question Posted: May 08, 2024 09:03 AM

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International Financial Reporting Standards (IFRS) were developed because a. Canadian GAAP were outdated. b. corporations wanted to

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Financial Accounting

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