International Financial Reporting Standards (IFRS)are the international accounting rules that U.S. companies must follow for their international operations.

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International Financial Reporting Standards (IFRS) are indeed the international accounting rules that U.S. companies must follow for their international operations. However, for their domestic operations, U.S. companies follow Generally Accepted Accounting Principles (GAAP).

International Financial Reporting Standards (IFRS)are the International Accounting Rules That