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[CPA] FAR: Key Differences: U.S. GAAP vs. IFRS
Welcome to VoraPrep Audio. Imagine this scenario. You just got a promotion. You’re the controller at a U.S. company, and you’ve acquired a new subsidiary in Germany. This is exciting news. But then the first quarter-end arrives. You get their financial statements, and they’re all prepared under IFRS…
The skinny
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