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The convergence of IFRS and US GAAP has been a project that has long eluded Accounting policy makers. Using the internet, list both the major
The convergence of IFRS and US GAAP has been a project that has long eluded Accounting policy makers. Using the internet, list both the major benefits and detriments of accomplishing a convergence. What are the major obstacles? In your opinion, would convergence be a good thing?
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