Taxation sars Describe what an ‘ITA34’ is.
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Describe what an ‘ITA34’ is.
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- Describe the revenue recognition principle. Give specifics.Revenues, expenses, and components of other comprehensive income can be reported in a single statement of comprehensive income using a. U.S. GAAP. b. IFRS. c. Both U.S. GAAP and IFRS. d. Neither U.S. GAAP nor IFRS.Compare the accounting for income taxes under GAAP and IFRS
