Research topic: Convergence of international financial reporting standards

1. Your essay requires to address following problems:

A. Critically review literature on arguments for and against global convergence of the international financial reporting standards (IFRS)

B. Select two listed companies: one from Australian Securities Exchange (ASX) and the other from New York Stock Exchange (NYSE); and analyse accounting policy statement in their annual reports for reporting year 2012

C. describe if your findings of problem 2 support (or reject) convergence of IFRS.

1. In-text references and the reference list are needed to evidence your review of literature

2. Style: Use following reference style (adapted from The Journal of International Accounting’s Author’s Information) for your assignment

a. References list: references must be arranged first alphabetically and then further sorted chronologically if essential. More than one reference from same author(s) in same year should be identified by letters 'a', 'b', 'c', and so on., placed after year of publication.

b. Reference to the journal publication Van der Geer, J., Hanraads, J. A. J., & Lupton, R. A. (2010). Art of writing a scientific article. Journal of Scientific Communications, 163, 51–59.

c. Reference to the book Strunk, W., Jr., & White, E. B. (2000). Elements of style. (4th ed.). New York: Longman, (Chapter 4).

d. Reference to a chapter in an edited book Mettam, G. R., & Adams, L. B. (2009). How to prepare an electronic version of your article. In B. S. Jones, & R. Z. Smith (Eds.), Introduction to electronic age (pp. 281–304). New York: E-Publishing Inc

e. Word limit: No more than 2500 words.