Q. The SEC is presently considering a shift from U.S. GAAP to IFRS. This change has a possibility of being mandated. A shift of this magnitude can mean all accountants be re-educated on the new standards. Certainly the intention is to have a single global set of rules to simplify the world of accounting Explain however some thought leaders voice that it could complicate the profession more. Below you will find out links to articles on this topic. Some support the change and some do not.
Required: You are to prepare a 1 page paper using APA format and state whether you are for or against implementing the proposed change. Please ensure that you list three reasons you took the position you did and explain why.
This assignment should be typed and follow APA guidelines 250 words