FASB and IFRS (Quality work Only)

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FASB and IFRS

Please visit  www.sec.gov  or any other FASB and IFRS related website and provide: 

1. The current status of the convergence process between FASB (USA) and IASB.

2. The list of countries that have adopted IFRS with their legal systems in those countries as shown below:

https://portal.csuglobal.edu/fileman/files/schoology/courses/content/ACT420/winter2014b/courseFiles/Exhibit%202-4.jpg

 

Paper should be a single MSWord document of 1-2 pages. Be sure to label each section clearly. For written answers, please make sure your responses are well-written, and have the proper citations, if needed.