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Choose at least two accounting standards that are affected by differences between US GAAP and...

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Accounting

Choose at least two accounting standards that are affected by differences between US GAAP and IFRS.

Describe the differences in depth. You must include examples to reinforce your discussion.

Comment on how the accounting profession may be affected by converging the standards you chose.

Based upon the research you have conducted for this project, conclude by discussing whether you think full convergence is possible.

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