accounting principles accounting standards income tax international accounting standards 
Baruch Lev
JULY 11, 2021
The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? So, accounting standard-setters have their work cut out for them. but not in the U.S. —
inDinero Accounting
JUNE 24, 2021
According to accounting standards, a financial report presents a company’s assets, liabilities, income, expenses, equity, shareholder position, and cash flow in a period (i.e., GAAP is short for generally accepted accounting principles. IFRS is short for international financial reporting standards.
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