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 1,000- to 1,050-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 vocation
Format your paper consistent with APA guidelines, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker.
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