Question: 1.How does a classified balance sheet prepared under GAAP differ from a classified balance sheet prepared under IFRS? 2.What guidance do you find on capitalization

1.How does a classified balance sheet prepared under GAAP differ from a classified balance sheet prepared under IFRS?

2.What guidance do you find on capitalization of interest in IFRS? How is it different or similar to U.S. GAAP?

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