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Discuss the similarities and differences between the US GAAP and International Financial Reporting Standards (IFRS) and how they relate to three different industries

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Discuss the similarities and differences between the US GAAP and International Financial Reporting Standards (IFRS) and how they relate to three different industries. Cite the topic materials and outside resources to support the ideas presented. When replying to peers, provide additional examples that further compare and contrast these two sets of standards.