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What Is the Major Difference Between the Traditional Version of Value

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What is the major difference between the traditional version of value chain and the new perspective of value chain?


Definitions:

Financial Reporting

The act of formulating disclosures that expose the fiscal health of an organization to those in management, investors, and regulatory authorities.

Financial Reporting Practices

The standards and rules that companies follow to accurately report their financial position and performance.

Countries

Nation states defined by geographical boundaries and governance.

IFRS

International Financial Reporting Standards, a set of global accounting standards for the preparation of public company financial statements.

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