[Verse 1] Companies tell their story through numbers on a page But without common rules, it's chaos on the stage One firm counts revenue early, another waits too long How can investors compare when the methods are all wrong [Chorus] Standards make it clear, standards make it fair GAAP and IFRS, rules that we all share Consistent and comparable, that's the golden key Financial reporting standards bring transparency [Verse 2] Before these rules existed, each company would choose How to show their profits, assets, wins and lose Investors couldn't trust what the balance sheets would say Standards came to rescue us, to light the proper way [Chorus] Standards make it clear, standards make it fair GAAP and IFRS, rules that we all share Consistent and comparable, that's the golden key Financial reporting standards bring transparency [Bridge] From New York to London, Tokyo to Rome Same accounting language, no matter where you roam Revenue recognition, depreciation too These standards guide the process in everything we do [Verse 3] Public companies must follow these reporting regulations Auditors will check them across all major nations Creditors and shareholders need information they can trust These standards aren't optional, following them's a must [Chorus] Standards make it clear, standards make it fair GAAP and IFRS, rules that we all share Consistent and comparable, that's the golden key Financial reporting standards bring transparency [Outro] So remember why they matter when you read each quarterly report These standards are the foundation of financial information support
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