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What are the fundamental differences between gaap and ifrs

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Reference no: EM133551063

Question 1:

  • What are the fundamental differences between GAAP and IFRS?
  • Explain how you interact with the accounting function at your current (or past job).
  • What are the goals of the accounting function?
  • Explain how you interact with the accounting function at your current (or past job).

Question 2:

  • Why is it imperative that the accounting profession have the public trust?
  • Explain how you interact with the accounting function at your current (or past job).
  • What is the function of a CPA and an external audit?
  • Explain how you interact with the accounting function at your current (or past job.)

 

Reference no: EM133551063

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