The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB)

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB)

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 betwee
Paper instructions:
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 vocatio
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