Problem 1: 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.
Problem 2: 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".
Problem 3: Discuss how you would justify the time and resources for you to attend this seminar and why the topic has relevance to your company.