The standards of U.S. Financial Accounting Standards Board and IASB are vastly different.

Name: The standards of U.S. Financial Accounting Standards Board and IASB are vastly different.
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To date, the impact of the IASB standards has probably been least noticeable in the United States because most of the standards issued by the IASB have been consistent with opinions already articulated by the U.S. Financial Accounting Standards Board (FASB).

The Standards of U