ACC 573 Week 1 Discussion 2

"GAAP versus IFRS Reporting Requirements" Please respond to the following:

• Assess how the GAAP and IFRS convergence project has impacted SEC reporting requirements, predicting the long-term impact of the convergence on reporting. Provide a rationale for your prediction. 
• Evaluate the challenges for U.S. public companies to fully adopt IFRS and propose solutions to these challenges. Provide support for your recommendations.

http://hwacer.com/Tutorial/acc-573-week-1-discussion-2/

"GAAP versus IFRS Reporting Requirements" Please respond to the following:

• Assess how the GAAP and IFRS convergence project has impacted SEC reporting requirements, predicting the long-term impact of the convergence on reporting. Provide a rationale for your prediction. 
• Evaluate the challenges for U.S. public companies to fully adopt IFRS and propose solutions to these challenges. Provide support for your recommendations.