Challenges to convergence of igaap with us gaap include all

Reference no: EM13600246

Challenges to convergence of iGAAP with U.S. GAAP include all of the following except:

-political issues result in politicians setting the final accounting standards
-the litigious environment in the U.S. is best suited to very detailed standards
-legal barriers to change include the difficulty associated with changing loan convenants

Reference no: EM13600246

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