Convergence of accounting principles can be compared to trying to piece together a very large and complicated jigsaw puzzle. At the moment, with more than 100 countries now requiring or permitting the use of IFRS or with plans to converge to IFRS, clearly we have made a good start, but there are
Source: http://feedproxy.google.com/~r/AICPA_Standards/~3/NMYRJ0ZVHHI/IstheUseofIFRSMakingAccountingTrulyInternational.aspx
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