Accounting Rules Were Just Fine Until You Came Along

“The primary result of the convergence project has been to take a set of perfectly mediocre accounting standards (U.S. GAAP) and messed them all up.”

~ Professor David Albrecht, who isn’t quite ready to dance on the grave of accounting convergence.

“The primary result of the convergence project has been to take a set of perfectly mediocre accounting standards (U.S. GAAP) and messed them all up.”

~ Professor David Albrecht, who isn’t quite ready to dance on the grave of accounting convergence.

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles