[07/11/21] The Sad State of Accounting
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 ? public companies, and 70% of high tech and healthcare (including drug) companies reported annual losses.
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