Question: Based on our discussions, why are some U.S. companies already reporting under IFRS instead of GAAP? They have a special government contract that requires IFRS

Based on our discussions, why are some U.S. companies already reporting under IFRS instead of GAAP?

They have a special government contract that requires IFRS reporting.

They have a parent company that requires them to report under IFRS\

.They believe it is coming anyway and they want to get ahead.

They have a bank that requires them to report under IFRS.

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