The objective of convergence between IFRS and U.S. GAAP is no longer a priority for the IASB.

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The objective of convergence between IFRS and U.S. GAAP is no longer a priority for the IASB.
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Discuss the possible reasons for, and the consequences of, the IASB's above decision.

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International Accounting

ISBN: 978-0077862206

4th edition

Authors: Timothy Doupnik, Hector Perera

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Question Posted: Sep 21, 2024 08:02 AM

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The objective of convergence between IFRS and U.S. GAAP is no longer a priority for the IASB.

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Recently IASBchairman Hans Hoogervoorst suggested that the IASB would no longer seek ...View the full answer

International Accounting

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