International accounting

What was the 2002 nding by the six .24 largest public accounting rms regarding * International Financial Reporting Standards (m 2) Of the countries surveyed, almost all planned to make their O GAAP converge with IFRS Very few of the countries studied planned to move their 0 national accounting standards toward convergence with IFRS There were almost as many convergence strategies as there O were countries in the study The countries that planned to make their GAAP converge with IFRS were predominantly O western European nations