Discussion Post
Compare and contrast the development and use of GAAP and IFRS. Do you think the implementation of international accounting standards is feasible? Explain.
• Look at the origins and purposes of accounting and discuss how our society's development has been affected by its use. Could our society function as it currently does without accounting? Explain.
• What role does the Securities and Exchange Commission play in regulating accounting in the United States? Explain.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.