Debt Restructuring IFRS vs GAAP

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  • #201068
    Oimie
    Member

    Is someone able to tell me why debt restructuring under IFRS is better than GAAP? I have a friend who has a presentation on this question but she does not know why. And I am not able to help her because I do not know as well. But I will have a better understanding than her if I were to get an explanation first before I explain it to her afterwards.

    FAR 85 June 2015
    AUD 80 Nov 2015
    REG 83 Nov 2015
    BEC 79 Feb 2016

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  • #770603
    Oimie
    Member

    Sorry guys, I just got another message from her and apparently it's just a debate. I guess she's on the IFRS side. So I guess we can just make up an answer. Anyone have an ideas what would be a good thing to say? I am not familiar with debt restructuring under IFRS.

    FAR 85 June 2015
    AUD 80 Nov 2015
    REG 83 Nov 2015
    BEC 79 Feb 2016

Viewing 1 replies (of 1 total)
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