Date of Award
Fall 12-15-2014
Document Type
Thesis
Degree Name
Bachelor of Science (BS)
Department
Accounting
College
College of Business
First Advisor
Sheila Mitchell
Abstract/Description
The purpose of this work is to discuss the ongoing process of convergence between IFRS and GAAP. It addresses some of the limitations of previous research related to this topic: namely, gives a more recent perspective than is currently available, and also discusses various aspects of the project in a single paper. This paper addresses the timeline of the project, the costs that it presents, the status of the convergence effort, and discusses possible outcomes of these efforts. This research compares, contrasts, and analyzes IFRS and GAAP in several key areas that were (or are still) keeping the standards apart.
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Recommended Citation
Willmore, Austin, "The Implication of US GAAP and IFRS Convergence on American Business" (2014). Honors Theses. 19.
https://digitalcommons.coastal.edu/honors-theses/19