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Exercise 4 - International accounting organizations. Several organizations are actively involved in international standard setting. 1. Discuss the relationship between the IASB and the International

Exercise 4 - International accounting organizations. Several organizations are actively involved in international standard setting.

1. Discuss the relationship between the IASB and the International Accounting Standards Committee Foundation.

2. Discuss the position of the SEC with respect to convergence to International Accounting Standards.

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