Question: 1.What is Convergence, Why is it Important, and How Does it Fit into the FASB's Mission? What Does International Convergence of Accounting Standards Mean? Based

1.What is Convergence, Why is it Important, and How Does it Fit into the FASB's

Mission? What Does "International Convergence of Accounting Standards" Mean? Based on the copany TESLA discuss how the new Revenue Recognition and Lease Accounting Convergent standards, and/or IFRS standards, differ from US GAAP.

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