Question
1) Pick a country that has not adopted IFRS yet. Why haven't they? Do you think they ever will? Will the world ever have one
1) Pick a country that has not adopted IFRS yet. Why haven't they? Do you think they ever will? Will the world ever have one accounting standard?
2) What are the real world issues that companies have to consider before implementing IFRS? This article may help your understanding:
http://www.accountingtoday.com/news/IFRS-Convergence-Adoption-55554-1.html
3) Here is a link to the IFRS website with a lot of useful informationIFRS Website
Do you feel that the current approach to IFRS implementation will be effective? If not what needs to be changed?
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Fundamental Managerial Accounting Concepts
Authors: Thomas P Edmonds, Philip R Olds
9th Edition
1259969509, 9781259969508
