Reference no: EM13132512
You are to write a four to six (4-6) page paper that addresses the following:
1. Describe the most significant differences between the FASB and the IASB.
2. Compare and contrast the conceptual frameworks of the IASB and FASB.
3. Discuss which conceptual framework is more coherent or relevant or applicable and explain why.
4. Evaluate the likelihood that IASC will someday replace the FASB.
The format of the report is to be as follows:Typed, double spaced, Times New Roman font (size 12), one inch margins on all sides, APA format.Use headers for each of the subjects being covered, followed by your response. In addition to the four to six (4-6) pages required, a title page is to be included. The title page is to contain the title of the assignment, your name, the instructor's name, the course title, and the date.