What exactly is convergence?
10 May 2005
We have posted an article titled What Exactly Is Convergence? (PDF 198k) by Paul Pacter, IAS Plus webmaster.
Paul's article discusses different national and regional approaches to converging local GAAP with IFRSs and the progress in various countries around the world. It was published in a special issue of the International Journal of Accounting, Auditing and Performance Evaluation devoted to "the new value-relevant global financial reporting model" (copyright 2005 by Inderscience and posted with the kind permission of the publisher).