The exchanges in which of the following countries or regions do NOT accept the International Financial Reporting Standards set out by the International Accounting Standards Board?
A) Germany
B) France
C) United States
D) United Kingdom

Question

Quizplus · Accepted Answer

The United States does not accept International Financial Reporting Standards (IFRS) set out by the International Accounting Standards Board (IASB). Instead, the United States uses Generally Accepted Accounting Principles (GAAP). Germany, France, and the United Kingdom all accept IFRS.

The Exchanges in Which of the Following Countries or Regions