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How would they handle different currencies in same system

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Reference no: EM133060523

Question - How would a firm address the need to use both US GAAP and IFRS in the same AIS system?  

How would they handle different currencies in the same system, and how would they address matters of inventory and related costs such as taxes in both the US and Canada?

Would a system need new modules or would the existing modules need to be revised?

Reference no: EM133060523

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