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ACC 421 - Week 1 - DQ 5 (With 2 Responses)

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Course Detail:

DQ 5. Watch the following videos about the convergence of US generally accepted accounting principle (GAAP) and international financial reporting standards (IFRS).



•      Explain the benefits of moving to one global financial reporting standard.

•      Make an opposing argument of why countries should maintain their own set of reporting standards rather than sharing one standard.


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