Posted: June 17th, 2015

Briefly discuss how accounting convergence efforts addressing liabilities is related to the IASB/FASB conceptual framework project.

Briefly discuss how accounting convergence efforts addressing liabilities is related to the IASB/FASB conceptual framework project.

One scholarly journal reference as well as the textbook with in-text citations and references in APA format.

Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2014). Intermediate Accounting (15th ed). Hoboken, NJ: Wiley. (Chapter 14 Long Term Liabilities)