Discuss the challenges of first time adoption of ifrs based, Financial Accounting

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Discuss the challenges of first time adoption of ifrs based

Discuss the challenges of first time adoption of IFRS.

Based on your research what do you see as the impact on financial reporting in the future?

Should we harmonize or converge?

Use the FASB Codification and the IFRS standards to support your position.

Do not forget to include proper APA formatting.

?Words 150

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Financial Accounting: Discuss the challenges of first time adoption of ifrs based

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