Mazda Motor is a Japanese auto company based in Hiroshima, Japan. Mazda continues to use Japanese GAAP

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Mazda Motor is a Japanese auto company based in Hiroshima, Japan. Mazda continues to use Japanese GAAP despite the trend in Japan to adopt IFRS.

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What are possible reasons for Mazda's reluctance to switch to IFRS?

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International Accounting

ISBN: 9781264556991

6th Edition

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti And Hector Perera

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Question Posted: Sep 17, 2023 08:07 AM

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Mazda Motor is a Japanese auto company based in Hiroshima, Japan. Mazda continues to use Japanese GAAP

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Mazda Motors reluctance to switch to International Financial Reporting Standards IFRS instead of Japanese Generally Accepted Accounting Principles GAAP can be attributed to several reasons Cultural an...View the full answer

International Accounting

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