Explain the benefits of a single set of high-quality global accounting standards. Recognize the impediments to achieving a single set of global accounting standards.

Explain the benefits of a single set of high-quality global accounting standards.
Recognize the impediments to achieving a single set of global accounting standards.
Clearly communicate your thoughts and ideas in a clear and concise manner.
write persuasively in a document that is free of spelling and grammatical errors.

Assignments
After completing the assigned readings, prepare a 2-3 page, double-spaced paper to explain (1) the benefits and beneficiaries of a single set of high-quality global accounting standards; (2) the obstacles to achieving this goal; and (3) your view as to whether such a goal will ever be achieved. Support your opinion with a rational argument.