Companies in the United State follow a set of accounting rules (GAAP) different from companies in many other counties in the world (IFRS). The SEC once worked hard on the convergence of GAAP and IFRS. But the convergence projects have been delayed when some SEC chairmen did not place much emphasis on the convergence. Do you think it is necessary to have a convergence of GAAP and IFRS? What is the benefit of the convergence