投资学课后习题答案Chap019.pdfVIP

CHAPTER 19: FINANCIAL STATEMENT ANALYSIS CHAPTER 19: FINANCIAL STATEMENT ANALYSIS PROBLEM SETS 1. The maj or differen e in approa h of international finan ial reporting standards and U.S. GAAP a ounting stems from the differen e between ‘prin iples’ and ‘rules.’ U.S. GAAP a ounting is rules-based, with extensive detailed rules to be followed in the preparation of finan ial statements; many international standards, European Union adapted IFRS, allow mu h greater flexibility, as long as on