(US GAAP - IFRS)-2.flv
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7:28
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Gérard Picault : Actif immobilisé en norme IFRS (CN3660)by FLFormation1,360 views
There is nothing wrong with seeking a single set of global accounting standards. Plenty of reasons were given in SEC reports, listing a myriad of benefits this could have on everyone. I suggest you read them.
drfoxdrfox 3 years ago
The problem with the AICPA is that no good reason has ever been advanced to justify the US moving to IFRS. In fact, it is a bad idea, criticized by almost every well know accounting professor. The AICPA is dominated by large accounting firms, who stand to profit to the tune of 100 billion. The AICPA support of IFRS is a true embarrassment to the profession.
profalbrecht 3 years ago