Sum It Up part 2
Yes, the convergence of GAAP and IFRS is moving forward. I believe stakeholders should be engaged in investing activities as well as nonfinancial. Why? To ensure the sustainability of the organization and to carry out the organization's mission. I believe one goal of this course is to help students assess financial statements as well is not only the components of each financial statement. The reason why students should learn how to assess the financial statements is to determine if the financial health of the organization is stable and viable. Students should be able determine if the financial statements are in sync with one another and determine consistencies as well as inconsistencies
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