Which of the following sources of generally accepted accounting principles (GAAP) are NOT developed by the Canadian Accounting Standards Board (AcSB)?
A. Accounting Standards for Private Enterprises (ASPE)
B. International Financial Reporting Standards (IFRS)
C. GAAP for Pension Plans
D. GAAP for Not-for-Profit entities
Answer:B
Which of the following sources of generally accepted accounting principles (GAAP) are NOT developed by the Canadian Accounting Standards Board (AcSB)?
A. Accounting Standards for Private Enterprises (ASPE) B. International Financial Reporting Standards (IFRS) C. GAAP for Pension Plans D. GAAP for Not-for-Profit entities