Current Exposure draft$/$recent standard presentation for the financial accounting standards board $($FASB$)$

Instructions

Your PowerPoint presentation must contain the following information:

$1.$Summarize the main points of the current exposure draft.

$2.$Compare$/$contrast with current theory$/$standards$.$

$3.$Compare and contrast U$.$S$.$GAAP and IFRS in respect to the exposure draft topic.

$4.$Research the need for the new standard$/$amendment $($include pros and cons$).$

$5.$Evaluate the exposure draft$$s provisions in light of the conceptual framework $($include qualitative characteristics of useful information$).$

$6.$Develop a logical$,$well$-$articulated response to the exposure draft $($for or against$).$Propose changes$/$corrections that you feel are needed.