Financial ratios, convergence, GAAP, IFRS
Accounting | Finance and Financial Management
Through factual research and company analysis, this paper will be examining the effects that a convergence among United States Generally Accepted Accounting Principles and International Financial Reporting Standards will have on creditors and investors through not only the assessment of the differences between the ratios that are used to make loans or investments, but of how the composition of these ratios will change. The goal of this paper, being divided into various chapters, is to add to the understanding of how a convergence between U.S. GAAP and IFRS will affect the way creditors assess the financial positions of companies in order to make a loan to them, and how their criteria to loan or invest will change with the convergence.
Department 1 Awarding Honors Status
McCarthy, K. (2011). Financial Statements - U.S. GAAP to IFRS: Understanding the Change in Financial Ratios for Creditors and Investors with the Convergence from U.S. GAAP to IFRS (Undergraduate honors thesis, University of Redlands). Retrieved from https://inspire.redlands.edu/cas_honors/12
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