ACC 573 DISCUSSION 2 WEEK 1

PART 1

PLEASE RESPOND THE FOLLOWING QUESTION NO LESS THEN 350 WORDS (ORIGINAL WORK, NO PLAGIARISM, 1 Reference

"GAAP versus IFRS Reporting Requirements" Please respond to the following:

• Assess how the GAAP and IFRS convergence project has impacted SEC reporting requirements, predicting the long-term impact of the convergence on reporting. Provide a rationale for your prediction. 
• Evaluate the challenges for U.S. public companies to fully adopt IFRS and propose solutions to these challenges. Provide support for your recommendations.

PART 2 Please generate an answer for the discussion that I will provide via massage (this discussion is from a only student that I have to reply back no less than 250 words) PLEASE FOCUS ON SOTHING GOOD OF THE DISCUSSION AND ADD SOME ADDITIONAL INFORMATION)(ORIGINAL WORK, NO PLAGIARISM, 1 REFERENCE)