Discuss the Generally Accepted Accounting Procedures (GAAP) and International Financial Reporting Standards (IFRS). Highlight on the accounting principles and application?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA1: International Financial Reporting Standards
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Discuss the Generally Accepted Accounting Procedures (GAAP) and International Financial Reporting Standards (IFRS). Highlight on the accounting principles and application?

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