Call/WhatsApp: +1 914 416 5343

Converging Accounting Standards with IFRS

Consider the question of whether the United States should converge accounting standards with IFRS.

Required:

Make a list of arguments that favor convergence.

Make a list of arguments that favor nonconvergence.

Indicate your own conclusion regarding whether the United States should converge with IFRS, and indicate the primary considerations that determined your conclusion.