Differences between U.S.and International GAAP are influenced by all of the following EXCEPT:

Question

Quizplus · Accepted Answer

Language does not directly influence the differences between U.S. GAAP (Generally Accepted Accounting Principles) and International GAAP (International Financial Reporting Standards - IFRS). The differences are more fundamentally rooted in political and legal systems, taxation policies, sources of capital, and economic conditions such as inflation.

Differences Between U