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Why and do think likely that the united states will embrace

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Problem 1: Global standardisation of accounting requires the United States to adopt IFRS. Do you think it is likely that the United States will embrace IFRS in the near term, and what do you think are some of the factors that might discourage the country from adopting IFRS?

Problem 2: Does the adoption of IFRS by different countries necessarily mean that the accounting procedures and practices they adopt will be consistent and comparable internationally?

Reference no: EM132627794

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