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How accounting for recognition of receivables is different

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Reference no: EM131533647

Question: Answer each of the following related to international accounting standards.

a. Explain (in general terms) how the accounting for recognition of receivables is different between IFRS and U.S. GAAP.

b. Explain (in general terms) how the accounting for valuation of receivables is different between IFRS and U.S. GAAP.

Reference no: EM131533647

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