Posting may be infrequent over the next few weeks as I focus on the School of Accountancy, which started yesterday and doesn’t end until July 4. It’s being held at York University‘s Keele Campus in North York (Toronto). It consists of classes every day, two practice exams this Friday and the following Friday, and theContinue reading “School of Accountancy through July 4”
Tag Archives: CA
More discussion of rules versus principles
Dennis over at AccMan Pro has commented on the difference between rules-based US GAAP and international principles-based IFRS, and his thoughts echo mine: Recent commentary has suggested the idea of convergence between US GAAP and IFRS won’t happen until hell freezes over. I’ve long held the view that the rules based US GAAP system isContinue reading “More discussion of rules versus principles”