Since accounting policies are intended to improve the, Accounting Basics

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Since accounting policies are intended to improve the

Question: 1. Since accounting policies are intended to improve the transparency of the financial reporting about the underlying economics of an organization, why would certain organizations lobby against a FASB policy?

2. Explain what is meant by convergence as it relates to the FASB and IASB.

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Accounting Basics: Since accounting policies are intended to improve the

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Accounting Basics: Since accounting policies are intended to improve the

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