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Take a position for or against the accounting convergence between FASB and the IASB in obtaining a global set of accounting standards. Identify the advantages
Take a position for or against the accounting convergence between FASB and the IASB in obtaining a global set of accounting standards. Identify the advantages and disadvantages of accounting convergence. Why do you think it has taken so long to agree? Identify some of the differences and similarities between the two. Support your position with evidence from other sources.
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