Which of the following is NOT a major concern related to convergence of international accounting standards?

Question

Quizplus · Accepted Answer

The major concerns related to the convergence of international accounting standards include the complicated nature of particular standards, the tax-driven nature of national accounting regimes, and IFRS language translation difficulties. An overload of guidance on the first-time application of IFRS is not considered a major concern; instead, comprehensive guidance is generally viewed as helpful for entities adopting IFRS for the first time.

Which of the Following Is NOT a Major Concern Related