This work contains ACC 541 Week 1 – Accounting Standards Boards Paper
ACC 541 Week 1 Individual Accounting Standards Boards Paper
The International Accounting Standards Board (IASB) and the Financial
Accounting Standards Board (FASB) are currently working on a joint venture referred to as the convergence project. Write a 1,050- to 1,400-word paper describing the relationship
between the IASB and the FASB. Include the following in your paper:
A brief history of the relationship between the two boards and the IASB equivalents of the FASB original pronouncements.
An explanation of how the MSA program prepares the student for a professional life within the accounting vocation.
Format your paper consistent with APA guidelines.