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Author Question: Which of the following is true about IFRS? (Read 48 times)

colton

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on: Apr 8, 2019

Question 1

IFRS stands for
◦ International Financial Reporting Standards.
◦ International Forensic Response System.
◦ International and Financial Reporting Statements.
◦ International Financial Recovery System.

Question 2

Which of the following is true about IFRS?
◦ There is a global trend towards using IFRS for reporting purposes, though U.S. companies are not currently required to do so.
◦ The switch to IFRS is required by the Sarbanes-Oxley Act.
◦ IFRS is only slightly different than U.S. GAAP.
◦ The switch to IFRS is cosmetic only—there isn't any real impact on AIS.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by colton on Apr 8, 2019

succesfull

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Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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colton

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Reply 2 on: Apr 8, 2019
Great answer, keep it coming :)

mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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