While IFRS has the support of accounting standards setting bodies and regulatory organizations in over 100 countries, the same cannot be said about ethics. Can US investors trust that auditors from another country will follow similar ethics standards as we have in the US? If not, does that diminish the value of IFRS-prepared financial statements?
CITATION STYLE
Lessambo, F. I. (2018). IFRS and GAAP. In Financial Statements (pp. 299–324). Springer International Publishing. https://doi.org/10.1007/978-3-319-99984-5_22
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