GAAP and IFRS differ-Why Academic Essay

Topic: GAAP and IFRS Differ-Why?
The FASB and IASB have been working on these differences for some time. What are the history, status, difficulties and future of these efforts? What is happening at the SEC?

Your papers should be in the proper formal presentation regarding format, footnotes, etc. you will be graded for grammar, spelling, logic, and format errors.
Please use 7 pages: (1) title page (2) 5 pages of content, and (3) 1 page of footnotes & citations.

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