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Contrast development and use of GAAP and IFRS

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Question 1. Compare and contrast the development and use of GAAP and IFRS. Do you think the implementation of international accounting standards is feasible? Please explain.

Question 2. Look at the origins and purposes of accounting and discuss how our society's development has been affected by its use. Could our society function as it currently does without accounting? Please explain.

Question 3. What role does the Securities and Exchange Commission play in regulating accounting in the United States? Please explain.

Reference no: EM133182710

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