ACC303 Intermediate Accounting
Unit 1 Discussion
Please complete Judgement Case 1-12.
Consider the question of whether the United States should converge accounting standards with IFRS.
· 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.
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