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Topic: Business
Number of pages / Number of words: 4 / 1041
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Forums are created to develop a globally accepted, high quality financial reporting framework. The efforts, at both a domestic and international level, consistently have been based on the view that the only way to achieve fair, liquid, and efficient capital markets worldwide is by providing investors with information that is comparable, transparent, and reliable...


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One major contrast is to determine under what conditions financial statements of foreign private issuers should be accepted that are prepared using the standards promulgated by the ISAB. Currently, issuers wishing to access capital markets in different jurisdictions must comply with the requirements of each jurisdiction, which differ in many respects...


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