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You mentioned that the FASB is trying to transition to one set of international financial standards. Do you believe it is possible to have on set of standards? What challenges do you see?

What are some examples of non-authoritative sources?

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You mentioned that the FASB is trying to transition to one set of international financial standards. Do you believe it is possible to have on set of standards? What challenges do you see?

What are some examples of non-authoritative sources?

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You mention that the FASB is trying to transition to one set of international financial standards. Do you believe it is possible to have on set of standards? What challenges do you see?

-- There are many problems with the convergence of IFRS. The main challenge is that IFRS is very principle and theory based, ...

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