By William Sinnett, Financial Executives Research Foundation
This informative Q&A variety file summarizes the problems and implications surrounding the potential for an industry-wide switch in accounting criteria from a spotlight on distinctive ideas to a concentrate on huge rules. specialists from expense WaterhouseCoopers (PwC) and the monetary Accounting criteria Board (FASB) solution thought-provoking questions about the impression of principles-based accounting criteria at the total.
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