Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
Professor Marc Massoud
In the last 15 years it has been widely debated whether or not the United States should adopt IFRS. Convergence efforts in the 21st century have limited the distinctions between U.S. GAAP and IFRS, but significant differences still exist. This paper takes an in-depth look at the most important remaining differences between U.S. GAAP and IFRS, and examines both sides of the argument on adoption. Finally, I conclude that the U.S. should continue to use and refine its own standards.
Gordy, Julian, "IFRS in the United States: An In-depth look at the Differences with U.S. GAAP and Potential Adoption" (2019). CMC Senior Theses. 2028.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.