Please write a 5-page properly formatted APA paper (not including the title page or reference page), 12 Times New Roman font, double spaced with a minimum of 3 references (not including the textbook) and title page on the following:
Evaluate and summarize the differences between International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles (GAAP). Why is this important? How will it be implemented? How are these standards regulated? Who regulates them?