Discussion

Requirements: 3 paragraphs with scholarly citations. APA style

Topic 1 requires you to analyze the differences in reporting specific transactions between International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP)

Based on your research, evaluate the convergence process between  IFRS and US  GAAP on financial reporting as it relates to U.S. companies in emerging markets. 

You MUST use primarily authoritative, scholarly reference sources in addition to your text as support for your discussion posts. Please spell check and proof read your work before you post.