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because the other then USA most company uses IFRS or other reporting standard. and SEC required reconciliation to GAAP if reported on other reporting standard (apart form IFRS).
Very helpful content for understanding of sec reporting
Thank you!! I have learned soo much
You're welcome! Have you signed up for a trial yet? The Universal course uses visual learning for every lecture, study guide, and the explanation videos for each MCQ or simulation. We're currently offering lifetime access to all 4 sections for $499! www.universalcpareview.com/special-offer/
Hi thanks for such nice explanation!
Why 20F/40F to be prepared as per IFRS and not as per US GAAP. ( Which regulation )
Thanks
because the other then USA most company uses IFRS or other reporting standard. and SEC required reconciliation to GAAP if reported on other reporting standard (apart form IFRS).