Problem:
Assume that you are the CFO of a mid size company located in the mid western U.S... You report to the President and currently your company's has concentrated its activities in the continental U.S.
The National Association of AICPA's is conducting a three day training seminar in New York City. The topic is the "Convergence of U.S. GAAP and IFRS".
Discuss how you would justify the time and resources for you to attend this seminar and why the topic has relevance to your company.