The SEC now accepts foreign financial statements prepared using IFRS. Discuss and evaluate this move by the SEC. Do you think these financial statements are as reliable compared to financial statements prepared using U.S. GAAP. Explain.
The SEC now accepts foreign financial statements prepared using IFRS. Discuss and evaluate this move by the SEC. Do you think these financial statements are as reliable compared to financial statements prepared using U.S. GAAP. Explain.