Review the section discussing international accounting in Chapters 15, 20, 22, 23, and 26.
Are there major similarities and differences between U.S. GAAP and IFRS? Which of the differences do you find most interesting?
If there is a convergence between U.S. GAAP and IFRS, would you choose the U.S. GAAP or IFRS method? Why?
Also, discuss if you had any change of opinion since the discussion in Module 4.