Mathematics, 30.01.2021 03:40 marineroadrian21

All of the following are reasons why the SEC has not recommended that US companies adopt IFRS as their financial statement reporting framework except:
The legal environment of contracts in the US that refer to US GAAP
The legal environment of contracts in the US that refer to US GAAP
The cost of transitioning to IFRS
The need to retrain auditors to use IFRS as the reporting framework

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