Differentiate between us gaap and ifrs continue to exist

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In respect to inventory accounting, differences between U.S. GAAP and IFRS continue to exist. What are the differences and are they simply a difference between principles-based and rules-based financial reporting standards?

Reference no: EM133465363

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Differentiate between us gaap and ifrs continue to exist : Differentiate between U.S. GAAP and IFRS continue to exist. What are the differences and are they simply a difference between principles-based and rules-based.

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