Assume that all the companies in the world use International Financial Reporting Standards (IFRS).

Assume that all the companies in the world use International Financial Reporting Standards (IFRS).

Assume that all the companies in the world use International Financial Reporting Standards (IFRS). Determine at least two obstacles to the worldwide comparability of financial statements and provide one strategy to overcome the obstacles in question. Include support for your rationale. Respond to at least one other student.