Question: Is it good or bad for the accounting convergence between FASB and IASB in obtaining a global set of accounting standards. What are the advantages

Is it good or bad for the accounting convergence between FASB and IASB in obtaining a global set of accounting standards. What are the advantages and disadvantages of accounting convergence? And could you help identify the difference and similarities of FASB and IASB. And could you provide the resources that you have chosen if you do.

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