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Some of the major differences between i-GAAP and U.S. GAAP

Why are some of the major differences between i-GAAP and U.S. GAAP? Explain in detail.

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There are several major differences between I-GAAP and U.S GAAP.

I-GAAP assumes that the information provided is true and fair to the best of the companies knowledge, U.S GAAP does not.

U.S. ...

Solution Summary

Some of the major differences between i-GAAP and U.S. GAAP are explained in detail.

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