The Spirit of Accounting
The FAF's 'gift' to the IASB: An unfortunate event that could have a silver lining
This column, which was drafted in early March, is the first of a two-part series that examines the Financial Accounting Foundation's perplexing January decision to "give" as much as $3 million to the IFRS Foundation, ostensibly to help complete the unfinished convergence projects that have been simmering for years.
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