saint mba560 module 3 discussion latest 2017
Question # 00604617
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Updated on: 10/16/2017 06:10 AM Due on: 10/16/2017
Module 3 discussion
US GAAP follows the Historical Cost Concept in valuing the cost of long-term assets. Explain this principle and how it compares to the standards used in the reporting of long-term assets under International Financial Reporting Standards (IFRS). If there is a convergence of standards, which method do you believe should be used and why?
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Solution: saint mba560 module 3 discussion latest 2017