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Professor Paul Zarowin on the International Financial Reporting Standards (IFRS)

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Excerpt from The Trusted Professional -- "According to Paul A. Zarowin, an accounting professor at New York University’s Stern School of Business, there is a school of thought, which he himself subscribes to, that 'our financial reporting and disclosure system is as good as it gets,” and that switching to IFRS is a situation where “we have everything to lose and nothing to gain.'"

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