Discussion
Accounting for nonfinancial assets will experience some major changes with the convergence to IFRS. One of the key issues will be that of fair value.
• Research this topic, and give your argument for or against the use of fair value for the nonfinancial assets of a company.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.