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elect two convergence topics from the 2006 Memorandum of Understanding (and the 2008 progress report)...

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Accounting

elect two convergence topics from the 2006 Memorandum of Understanding (and the 2008 progress report) and write a 2- to 4-page paper analyzing how the convergence of FASB and IASB rules or standards have developed to create to a common framework as outlined in the Conceptual Framework Project. In addition, include aspects of accounting theory that are being applied in the topics selected.

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