To date,the impact of the IASB standards has probably been least noticeable in the United States because:

Question

Quizplus · Accepted Answer

The impact of the IASB standards has been least noticeable in the United States because most IASB standards have been consistent with opinions already articulated by the U.S. Financial Accounting Standards Board (FASB). Additionally, compliance with IASB standards is voluntary in the United States. However, it is important to note that significant differences still exist between IASB standards and generally accepted accounting principles in the U.S.

To Date,the Impact of the IASB Standards Has Probably Been