Analyze the gaap and ifrs methods to account for interim

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Analyze the GAAP and IFRS methods to account for interim acquisitions of subsidiary stock at the end of the first year to determine which is most applicable in the greatest number of situations. Explain your rationale.

Analyze the differences between US GAAP and IFRS in accounting for equity statements to determine which presents the greatest challenges for the greatest number of companies. Provide specific examples to support your response.

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