Melissa Harvey.writing assignment 2

Melissa Harvey.writing assignment 2 - Melissa Harvey...

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Melissa Harvey Current Events Writing Assignments (Writing Assignment 3 (An international perspective)) The first piece that I read about was the “US standard setters ‘move slowly to maximize success’, I think that it is way past time that we got some kind of revenue recognition standard between the FASB and the IFRS. Since we are moving quickly towards a more global system it would help US accountants to be able to have some standard in which to work with. It just seems to me that the US seems to always be playing catch-up with the rest of the world when it comes to things like this. It’s almost like we think that the rest of the world should copy us even if our way isn’t the best way, and it seems to take us a long time to put anything in place for example in the article the FASB chairman said that they were still not done with the revenue recognition and the SEC still does not have the FASB finial findings so that they can make a decision. The second piece that I read was “Do charities need aid with pensions accounting?” From what I
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Melissa Harvey.writing assignment 2 - Melissa Harvey...

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