Select a recent accounting research article regarding a key difference between U.S. GAAP and IFRS treatment of an element of the financial statements other than
revenue, and prepare an annotation of the article for the discussion board. An annotation is a summary of the main points of the article, organized to include a
correctly formatted APA reference and the following points:
• Problem: What was the issue identified by the author(s)?
• Methodology: What research method was employed by the author(s)?
• Results: What was the result or conclusion noted by the author(s)?
• Application: How might practitioners or students apply this information in resolving accounting issues?
Required: Half to one page only with 2 references