The current guidelines for companies in the United States is GAAP while many areas of the world have adopted IFRS.
The current guidelines for companies in the United States is GAAP while many areas of the world have adopted IFRS. The SEC is in favor of a single accounting standard. Your company is trying to decide which guidelines to follow. What factors should your company consider in determining which set of standards it should follow? What advantages and disadvantages do you see with following each method?
Answer preview to the current guidelines for companies in the United States is GAAP while many areas of the world have adopted IFRS.
APA
240 words