Please do not copy your answer from another CheggQ&A, I do not think it’s correct. Although US public companies are not currently required to adoptIFRS, the IFRS affects US businesses in multiple ways. Companieswill be affected at different times and to a different degree,depending on size, industry… geographic makeup, M&A activityand global expansion. There are four main challenges or impactsthat merit companies’ attention. List two of thosechallenges/impacts. . . .
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