Accounting Rules Were Just Fine Until You Came Along

“The primary result of the convergence project has been to take a set of perfectly mediocre accounting standards (U.S. GAAP) and messed them all up.”

~ Professor David Albrecht, who isn’t quite ready to dance on the grave of accounting convergence.

“The primary result of the convergence project has been to take a set of perfectly mediocre accounting standards (U.S. GAAP) and messed them all up.”

~ Professor David Albrecht, who isn’t quite ready to dance on the grave of accounting convergence.

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