Internal controls are crucial to companies that convert from U. S. GAAP to IFRS because of all of the following risks except: Multiple Choice Possible misstatement of financial information. Controls are significantly different across the globe. Possible fraud. Ineffective communication of the change to investors, creditors, and others. Management's inability to certify the effectiveness of the controls.
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Home » Business » Internal controls are crucial to companies that convert from U. S. GAAP to IFRS because of all of the following risks except: Multiple Choice Possible misstatement of financial information. Controls are significantly different across the globe.