Tom Obstinate is disgusted by all of the emphasis being put on international accounting issues. Tom plans

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Tom Obstinate is disgusted by all of the emphasis being put on international accounting issues. Tom plans to practice accounting in the United States, with U.S. companies, using U.S. GAAP. Accordingly, Tom sees no reason to know anything about the International Accounting Standards Board or cross-national differences in accounting practices. Is there any merit in Tom’s view? What might you say to Tom to get him to reconsider his position?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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