What are potential risk associated with move toward adoption

Reference no: EM131677684

Assignment

Read Closing Case: Adopting International Accounting Standards at the end of chapter 19 and write a 2-3 page paper in APA format with a detailed analysis that answers the following questions:

• What are the benefits of adopting international accounting standards for (a) investors, and (b) business enterprises?

• What are the potential risks associated with a move toward the adoption of international accounting standards in a nation?

• In which nation is the move to adoption of IASB standard likely to cause the revisions in the reported financial performance of business enterprises, the United States or China? Why?

Reference no: EM131677684

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