Finance

Convergence, harmonization or whatever the FASB/IFRS merger is currently referred to is now on hold in the U.S. The integration was to have been completed in 2015, and now, as the SEC states, it will not happen in the foreseeable future. What are some the significant differences that has resulted in this current state of affairs? In the long run do you feel these differences can be worked out?

WE ACCEPT