5. What was the 2002 finding by the six largest public accounting firms regarding International Financial Reporting Standards (2 Points) Of the countries surveyed, almost all planned to make their GAAP converge with IFRS Very few of the countries studied planned to move their national accounting standards toward convergence with IFRS There were almost as many convergence strategies as there were countries in the study The countries that planned to make their GAAP converge with IFRS were predominantly western European nations