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Emerging Market Skeptic's avatar

I'm American 😀 "In 1992, the International Accounting Standards Board (IASB) issued International Accounting Standard 7 (IAS 7), Cash Flow Statement, which became effective in 1994, mandating that firms provide cash flow statements." Must have been that... They were also changing CPA credit requirements to 150 or something in the late 1990s plus students from NY planning to go back there had to learn some specific stuff

I also did ended up doing an MBA in Australia - Ironically, my accounting professor there was American too. Maybe if you haven't already, do a series on the differences between British and American accounting... Sri Lanka gets British style accounting outsourcing while the PH gets American style...

There was also something with Australian accounting - maybe accounting for superannuation... Been so long...

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