In this 5-7 page paper compare the current reporting requirements for business combinations in the United States with the new international reporting requirements that will become effective in January, 2009. Your analysis should include the impact on earnings, balance sheets, et cetera. Include in the paper the SEC's role in the adoption of the new standards and identify any ethical issues that may exist with the adoption of new standards.
If information is not available you may make assumptions and draw conclusions based on your research. Format your citations according to APA (6th Edition) style and formatting.