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QUESTION

If you were the CFO for a $10 billion-a-year international company headquartered in Ireland, which accounting rules would you recommend your company

If you were the CFO for a $10 billion-a-year international company headquartered in Ireland, which accounting rules would you recommend your company to follow: U.S. GAAP or IFRS? Are these rules comparable? What are the major differences between the two accounting standards? What was your rationale for choosing a rule?

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