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What If IFRS Replaced GAAP? The SEC is asking for your best doomsday and celebratory scenarios in response to a 72-question concept release on whether U.S. companies should be allowed to use International Financial Reporting Standards instead of GAAP.

Sarah Johnson, CFO.com | US
August 9, 2007

IFRS: US is leader of world trade,WTO,World bank and even Un ?!Thus it is better the us &SEc accept to comply IFRS instead of GAAP because it isn't logically moltinational companies in Us using dual standards.It is joke in 2008 we resistance aginst lobalization that we arrange that !!; Posted by Gholamhossein Davani | Jan 23, 2008 2:49 PM ET

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