Domestic companies in the USA are required to use IFRS.

Name: Domestic companies in the USA are required to use IFRS.
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Quizplus · Accepted Answer

Domestic companies in the USA are not required to use IFRS. They are required to use US GAAP (Generally Accepted Accounting Principles) for financial reporting. However, some multinational companies with subsidiaries in the USA may choose to use IFRS for their consolidated financial reporting.

Domestic Companies in the USA Are Required to Use IFRS