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	<title>GAAP vs. IFRS &#8211; Carl&#039;s Accounting Insights</title>
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	<description>Assets, Liabilities, Equity, and Everything In Between</description>
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		<title>Should the United States Adopt the Revaluation Model?</title>
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		<dc:creator><![CDATA[Carl Scholl]]></dc:creator>
		<pubDate>Mon, 26 Oct 2020 22:36:05 +0000</pubDate>
				<category><![CDATA[GAAP vs. IFRS]]></category>
		<category><![CDATA[Property, Plant, and Equipment]]></category>
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					<description><![CDATA[The accounting for property, plant, and equipment (PPE) varies worldwide. The two most popular methods to account for PPE are the cost model and the revaluation model. United States Generally Accepted Accounting Principles (GAAP) requires companies to use the cost model. Meanwhile, International Financial Reporting Standards (IFRS) gives companies the option to choose between the cost model and the revaluation model...]]></description>
		
		
		
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