Question: Clearly, identify four key differences between IFRS and GAAP, then offer a groups perspective of advantages to hospitality businesses in the USA. Provide your groups

Clearly, identify four key differences between IFRS and GAAP, then offer a groups perspective of advantages to hospitality businesses in the USA.

Provide your groups perspective on the advantages of IFRS to US based businesses and describe two advantages of the U.S. adopting IFRS as the global accounting standard.

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