Write a memo to the client discussing the current state of convergence between IFRS and US GAAP

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Write a memo to the client discussing the current state of convergence between IFRS and US GAAP on leases.

Describe the similarities and differences in accounting for leases under the international standards and the FASB standards.

Identify in general terms the possible impact on the financial statements of your specific company of changing from FASB to IFRS.

How should these items be disclosed under IFRS and FASB.

Related Book For answer-question

Performance Management

ISBN: 978-0132556385

3rd edition

Authors: Herman Aguinis

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Posted Date: Jan 02, 2021 11:26 PM

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Write a memo to the client discussing the current state of convergence between IFRS and US GAAP

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Performance Management

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