The IASB and FASB began a convergence project in 2002. (a) What are the expected benefits of

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The IASB and FASB began a convergence project in 2002.

(a) What are the expected benefits of the convergence project?

(b) What factors make convergence difficult?

(c) How is the future of the IASB tied to convergence?

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Accounting Theory

ISBN: 9780470818152

7th Edition

Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes

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