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AleksAgata [21]
3 years ago
7

Is there a primary standard setting body accounting?

Biology
1 answer:
djyliett [7]3 years ago
3 0
The US is one of the remaining capital markets without an IFRS mandate, and there are no current plans to change. ... FASB, the Financial Accounting Standards Board, is the primary body in the United States that sets accounting standards and they have issued the GAAP, or Generally Accepted Accounting Principles.
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