IFRS standards throughout this text. But as the convergence process is almost complete, were the objectives of the project reached? Below are two articles on the subject, each with an opposing viewpoint:
Looking beyond convergence : http://www.accountingtoday.com/news/accounting-news/iasb-and-fasb-look-beyond-convergence-72980-1.html
or http://www.journalofaccountancy.com/issues/2011/aug/20114208.html
The split over convergence : http://ww2.cfo.com/gaap-ifrs/2014/10/split-convergence/
Based on what you have studied in this class, as well as the above two articles, state your opinion in a one page essay using one additional source other than the articles above.
Based on the instructions posted, please submit a ONE PAGE essay on the status of IFRS convergence. Please use one additional source to support your arguments.
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