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What most countries use US GAAP

Assignment Help Accounting Basics
Reference no: EM131878713

Question: International Accounting

1- What is US GAAP ? What is IFRS

2- Compare and contrast US GAAP with IFRS. What most countries use US GAAP ? What countries use IFRS?

3- Are all major countries moving toward IFRS? What are the advantages and disadvantages? What about the US plans?

4- Describe the IFRS impact on a company's accounting team, financial reporting, and global strategy.

Reference no: EM131878713

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