What was your rationale for choosing the rule

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If you were a CFO for a 10 billion dollar a year international company headquartered in Ireland, which accounting rules would you recommend your company to follow:

US GAAP of IFRS? Are these rules comparable ? What a the differences between the two accounting standards? What was your rationale for choosing the rule?

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This assignment contains solution in regard to the choice of the IFRS and GAAP. There are various differences between IFRS and GAAP which are being explained for the purpose of making analysis. The IFRS provides for better accounting of the transactions of high level international company.

Reference no: EM132284301

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