The U.S. Chamber of Commerce supports a change from IFRS to GAAP, saying it will help the United States compete in the world economy.

Name: The U.S. Chamber of Commerce supports a change from IFRS to GAAP, saying it will help the United States compete in the world economy.
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The U.S. Chamber of Commerce generally supports the adoption of IFRS (International Financial Reporting Standards) over GAAP (Generally Accepted Accounting Principles) to align with global standards, not the other way around.

The US Chamber of Commerce Supports a Change from IFRS to to GAAP