Briefly explain the benefits global accounting standards
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Sets Generalized Standards. The IFRS stipulations are flexible enough to account for expected and unexpected changes in the global business environment because they are based on broad principles. ... This reduces a business's costs of preparing financial statements destined for international audiences.
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Sets Generalized Standards. The IFRS stipulations are flexible enough to account for expected and unexpected changes in the global business environment because they are based on broad principles. ... This reduces a business's costs of preparing financial statements destined for international audiences.
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