Assignment Help - homework help

Discuss the pros and cons of the endorsement big bang


Discussion

• In August of 2011, the AICPA issued a letter that recommended "adoption" of IFRS through either endorsement or convergence. In September of 2011, the AICPA indicated that the "U.K. accounting organizations are pushing for the U.S. to take a 'big bang' approach to" IFRS.

• Discuss the pros and cons of the endorsement ("big bang") approach versus the convergence approach to adopting IFRS.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Discuss the pros and cons of the endorsement big bang
Reference No:- TGS02589556

Now Priced at $15 (50% Discount)

Recommended (94%)

Rated (4.6/5)