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GAAP and IFRS

Connor and Martin are extremely pleased with all of the technical information and research you have provided them thus far. They feel they understand IFRS much better in addition to having a greater technical grasp of GAAP. They have decided to go public and also expand internationally within the next two to three years. With making such bold moves, they are also seriously considering a switch to IFRS as their accounting standards for financial statements.For your final project, they would like you to prepare a PowerPoint presentation that summarizes all the information you have gathered for them up to this point. In addition, they would like you to add at least two slides regarding GAAP and IFRS. They would like your opinion on reasons to stay with GAAP and also reasons to switch to IFRS. They are not asking for a recommendation, just additional information in order to help them make their decision.Presentation Mechanics should be as follows:The presentation should include a title slide and a References slide. It should have appropriate fonts, colors and graphics for a professional presentation.The presentation itself does not have to be in APA format. However, you should have in-text citations and a reference slide. Both of these items should be in APA format as much as possible. Your sources and citations should come from your previous project submissions for the summarized information. However, you may introduce new sources and citations for the additional information requested if you wish. The following might be useful for research: Rasmussen College online library services School of Business – Accounting.

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