Making the Move From GAAP to IFRS Reporting: 3 Tips for Success
Insight Software
SEPTEMBER 28, 2021
In some cases, this has led managers to “game the system” by structuring transactions in ways that will allow them to achieve better financial results. IFRS, in contrast, focuses more on general guidelines and principles intended to inform managers’ judgment with respect to specific types of transactions and how to handle them.
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