Review the differences in the presentations of the 4 main financial statements
Review the differences in the presentations of the 4 main financial statements
(income statement, statement of ownerâs equity, statement of cash flow, and
balance sheet) between IFRS and US GAAP.
Choose 2 differences from each of the statements to share in your posts.
Discuss how the changes that you have chosen will impact the financial reporting of U.S. corporations.
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