Business, 13.01.2021 17:40 amberosekemble8463

A major difference between the IFRS and US GAAP is: US GAAP is principle-based and IFRS is rule-based US GAAP allows capitalization of successful development for all industries GAAP is more cash flow oriented US GAAP allows LIFO

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A major difference between the IFRS and US GAAP is: US GAAP is principle-based and IFRS is rule-base...

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