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international gaap 2021 pdf
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International GAAP (Generally Accepted Accounting Principles) 2021 refers to the set of accounting standards and guidelines that are recognized and used by companies around the world to prepare their financial statements. These standards are issued by the International Accounting Standards Board (IASB) and are designed to ensure consistency, transparency, and comparability in financial reporting across different countries and industries. International GAAP 2021 includes principles, rules, and procedures that govern how companies should record, report, and disclose their financial information. By following these standards, companies can provide investors, creditors, and other stakeholders with accurate and reliable financial statements that facilitate decision-making and analysis. Compliance with International GAAP 2021 is important for companies that operate globally or seek to attract international investors, as it enhances the credibility and trustworthiness of their financial reports.