ACC 541 Week 1 DQ3

May 1st, 2015
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ACC 541 Week 1 DQ3

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ACC 541 Week 1 DQ3IFRS is a principal based accounting system that relies on the judgement of professionals. GAAP, however, is a rule based accounting system. If and when the U.S. transitions to an IFRS standard, how will this impact Generally Accepted Accounting Principles (reliability, con

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