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Bridging the gap: Transitioning from IFRS/Ind AS to US GAAP for Indian finance professionals (Part 2)

Continue your US GAAP journey with practical insights on how to handle inventory, consolidation, financial instruments, taxes, and cash flows. This guide breaks down the differences between US GAAP and Indian accounting standards with straightforward examples for easier understanding.

Introduction

What do you mean I cannot reverse that inventory write-down? But we just got new valuation data!” 

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