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(Ebook) Resistance to Changes in Financial Reporting Standards by Edel Lemus ISBN 9781443898348, 1443898341

  • SKU: EBN-51579248
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4.4

36 reviews
Instant download (eBook) Resistance to Changes in Financial Reporting Standards after payment.
Authors:Edel Lemus
Pages:152 pages.
Year:2016
Editon:1
Publisher:Cambridge Scholars Publishing
Language:english
File Size:1.42 MB
Format:pdf
ISBNS:9781443898348, 1443898341
Categories: Ebooks

Product desciption

(Ebook) Resistance to Changes in Financial Reporting Standards by Edel Lemus ISBN 9781443898348, 1443898341

This book investigates current resistance to the ongoing change from US Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS). 138 countries have, thus far, adopted IFRS as a singular accounting language, while the Securities and Exchange Commission (SEC), the Financial Accounting Standard Board (FASB), and the International Accounting Standard Board (IASB) have determined that IFRS should be adopted optionally in the United States by 2016. The book shows that IFRS should act as a singular accounting language, which will promote high transparency and a better economic position in the world financial market.
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