Topic $2$: In October $2002,$ the$$FASB$$and the International Accounting Standards Board $($IASB$)$ announced the issuance of a memorandum of understanding $("$Norwalk Agreement"$),$ marking a significant step toward formalizing their commitment to the$$convergence of U$.$S$.$ and international accounting standards. Review this document. Do you think enough progress has been made in the convergence process? Substantiate your answer with relevant examples of the success of$/$shortcomings of convergence process