Question: A difference between US GAAP and IFRS in accounting for cash and cash equivalents is that IFRS allows, the knitting of bank overdrive against the

A difference between US GAAP and IFRS in accounting for cash and cash equivalents is that IFRS allows, the knitting of bank overdrive against the cash restricted cash to be reported notes due within three years to be classified as current accounts payable to be netted against accounts receivable

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