FASB versus IASB

You are to write a four to six (4-6) page paper that addresses the following:

1. Describe the most significant differences between the FASB and the IASB.

2. Compare and contrast the conceptual frameworks of the IASB and FASB.

3. Discuss which conceptual framework is more coherent or relevant or applicable and explain why.

4. Evaluate the likelihood that IASC will someday replace the FASB.

(please it has to be original do not blindly copt it and past it from any site)