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Ireland gives U.S. companies more time on accounting switchover
The Irish government will give U.S. companies doing business there another five years before they must produce financial statements under Irish accounting principles or international standards. U.S. companies are allowed to use U.S. generally accepted accounting principles while doing business in Ireland. The move is designed to preserve Ireland's competitiveness as a destination for foreign corporations.
The Irish Times (Dublin) (3/7)
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