The requirements of IFRS in a variety of disclosure and presentation standards.

Explore the relationship between international accounting standards and economic globalization.

Differences between IFRS and U.S. GAAP on the recognition and measurement of assets.

The motivational thrust for bringing together international accounting and financial reporting methods and how the union will influence decisions made by management.

The issues related to the United States' adoption of international accounting standards.

The impact that differences between IFRS and U.S. GAAP can have on the financial statements