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MBA Comic Strip

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MBA Comic Strip

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  • الانزلاق: 1
  • Of course! International Financial Reporting Standards (IRFS) uses principles based and Generally Accepted Accounting Principles (GAAP) uses rules based.
  • Could you please explain to me how the principles bases approach is different than the rules-based approach?
  • الانزلاق: 2
  • Do businesses get to choose which principles they want to comply with andwhy do we use rules-based?
  • Yes. However, overseas businesses typically use the principles-based method and US businesses, like ours, usually employ the rules-based approach.
  • الانزلاق: 3
  • It has been good for business. Our co-workers have promoted the foundation and business on their social media. It has been a win-win!
  • We have seen an increase in customers since we started the partnership with them. Many ask how they can help.
  • الانزلاق: 4
  • Me too! Stakeholders likethe move as well. Our stockprice has increased 3 points since the announcement.
  • I am excited that our company is partnering with St. Jude Children's Hospital.
  • الانزلاق: 5
  • While I am excited about that, we have a problem. There is$500 missing from the company vault.
  • That's not good. What should we do?
  • الانزلاق: 6
  • Collin was in the vault earlier today and he was not supposed to be.Should we alert the manager?
  • Yes. Company theft can notbe tolerated and that is company protocol.
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