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Convergence: Accountancy'S New Frontier

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Craig S

 

Date added:

May 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

19 / 5308

 

Was viewed:

4201 times

 

Rating of current essay:

 
Essay content:

This long-standing task is overseen by the regulating bodies of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) (Scannell & Reilly, 2007, ¶20). While the FASB is overseeing the convergence project in conjunction with the IASB, the Securities and Exchange Commission (SEC) still maintains the authority to set accounting standards for public companies...
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Securities legislation develops in this way in order to adapt to the increasingly intercontinental context in which transactions occur as a result of the progressively more global securities market. Concurrent with these developments, the issue of maintaining high-quality standards for accuracy and consistency for all constituents utterly and permanently takes precedence...
displayed 300 characters

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