It is group accounting research paper. I need to write the introduction. I already write one paragraph, and I need you finish the rest of it.
What is the paper about:
Research Question: Should the US Adopt IFRS?
Motivation: US SEC expressed interest in the adoption but they have yet to enforce the use of a single set of international standards. We are analyzing the benefits of using IFRS, while narrowing down our research to the valuation of PP&E.
Hypothesis: We believe that the US should adopt the use of IFRS.
Why should the US cinsider the adoption of IFRS (Single set of Accounting standards, Increase comparability
, Increase global investment, Enhances transparency for investors, Cost savings, Multinational companies won’t have to report under different sets of standards.
You don’t need to wrire so detail since it is just an introduction. My group memeber will write the rest of paper in detail.
We need to submit it online, so please dont plagiarism