Which of the following is NOT a short-term convergence topic that the IASB must address in order to eliminate the reconciliation of accounts prepared under different sets of standards of different countries?

Question

Quizplus · Accepted Answer

Segment reporting, accounting for income taxes, and accounting for impairments of assets are all topics that the IASB has identified as short-term convergence projects in order to eliminate the reconciliation of accounts prepared under different sets of standards of different countries. Accounting for research and development costs is not currently on the IASB's list of short-term convergence topics.

Which of the Following Is NOT a Short-Term Convergence Topic