Do you believe that there is a need to consolidate the accounting framework for the U.S.Explain why?Why not?

Do you believe that there is a need to consolidate the accounting framework for the U.S. GAAP and International GAAP (IFRS)? Why/Why not?  Also, do you believe that there is a conflict in the conceptual framework of accounting that for information to be both relevant and reliable? Why?


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