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  3. 1. since accounting policies are intended to impro

1. Since accounting policies are intended to improve the transparency of the financial reporting about...

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Accounting

1. Since accounting policies are intended to improve the transparency of the financial reporting about the underlying economics of an organization, why would certain organizations lobby against a FASB policy?

2. Explain what is meant by convergence as it relates to the FASB and IASB.

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