Do you believe that there is a need to consolidate the accounting framework for the U.S. GAAP and International GAAP (IFRS)?

• 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?