The use of IFRS worldwide might not lead to complete comparability of financial statements across...
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Accounting
The use of IFRS worldwide might not lead to complete comparability of financial statements across countries because Multiple select question. some English-language terms used in IFRS are difficult to translate into other languages. some countries cannot afford the license fee charged by the International Accounting Standards Board for the use of IFRS. accountants across countries might interpret IFRS differently due to differences in culturally based biases across countries
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