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Saturday, 04 September 2010 16:11 |
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Globalizing standards for accounting |
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Over the debate of adopting the International Financial Reporting Standards, IFRS globally, one thing is true, according to experts, the world is moving forward to migrate and implement its rules.
To talk about the globalization of the accounting standars, Money Market interviewed Frank Gonzalez, CPA Partner of Morrison, Brown, Argiz & Farra, LLP. “The goal of IFRS is to have all worldwide companies under one set of accounting rules”, said the expert.
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