• support@collegesecretsdaily.com
  • login

Discuss the differences between generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS) and fully explain the selected difference.

Discuss the differences between generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS) and fully explain the selected difference. In addition, discuss how that difference impacts financial reporting. Lastly, discuss which standard you think is more appropriate to apply to financial accounting and why.