Countries outside the united states use financial accounting standards issued by the
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The Financial Accounting Standards Board (FASB) is currently working with the International Accounting Standards Board to make U.S. financial accounting standards more consistent with international standards. Use the Internet to do some research about how these standards currently differ and how convergence of the two sets of standards would likely affect the practice of financial accounting in the United States. Write a 1/2 - 1 page paper on this topic.
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