Question 1 since accounting policies are intended to, Ask an Expert

Accounting

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, Accounting

Category:- Accounting Basics
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