Discuss the Convergence Project between FASB and IASB.

Conduct research using Santa Fe’s library or the Internet to find information regarding the current state of the Convergence Project and the major differences between GAAP and IFRS.

In your paper, discuss the Convergence Project between FASB and IASB, and be sure to include the history, current progress made, current status and future goals of the project.

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