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It is said that FASB Codification is a step towards convergence. Do you agree? Discuss with some examples of FASB and IASB convergence projects. When

It is said that FASB Codification is a step towards convergence. Do you agree? Discuss with some examples of FASB and IASB convergence projects.

When we look at the remaining differences, what do you think is the major reason for the disagreements?

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