e under both US GAAP and IFRS
e under both US GAAP
e under both US
under both US GAAP and IFRS
e under both
US GAAP and IFRS
e under
e
e under both US GAAP and IFRS.

Category: General
Words: 825
Amount: $25
Writer: 1

Paper instructions

Can someone please explain how earning management is possible for multinational companies using dual financial reporting, i.e under both US GAAP and IFRS. For example, how a US parent company under GAAP and its foreign subsidiaries under IFRS can use earning management when the subsidiary is consolidate to the US accounts , and vice versa. Please provide examples and accounting standard etc. to sustain example.

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