Consider again the examples you have listed in answering question 3. Relate these findings to the national

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Consider again the examples you have listed in answering question 3. Relate these findings to the national GAAP of your own country. Does the national GAAP in your country allow accounting flexibility on many of the items listed?
GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...
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International Financial Reporting and Analysis

ISBN: 978-1408075012

5th edition

Authors: David Alexander, Anne Britton, Ann Jorissen

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