Convergence Flaws
探讨全球统一会计准则的潜在缺陷，指出跨国执法难以一致，且各国对金融市场目的的不同理解会导致规则解释差异，最终可能形成不同国家方言，使美国转向国际标准的成本与努力得不偿失。
SYNOPSIS The creation of a truly global set of accounting standards is a long-held dream for many. And the U.S. is inching closer to joining in that effort. Yet before signing on, regulators should consider potential flaws in the underpinnings of such a system. Namely that it will likely prove impossible to consistently enforce such rules across national borders. And even if it was, differing national views of the purpose of financial markets would still lead to varied interpretations of rules. In light of this, a global accounting language is likely to end up with some distinctly different national dialects. If so, the cost and effort associated with a U.S. switch to international standards may not be worth it.