The Aftermath of Convergence

Approximately 15 years ago, the IASB and the FASB embarked on an ambitious multi-component joint project to converge and improve several existing U.S and international standards, including the resolution of longstanding and vexatious conceptual issues related to recognition, measurement and presentation.

Professor Schipper’s presentation discusses the original goals of the convergence project and its accomplishments, conceptual impediments that caused the project to fail to achieve several important objectives and what has happened since the abandonment of the convergence project.

The presentation will also consider the implications of separate efforts by the IASB and FASB to address and resolve some of the conceptual impediments that resulted in the discontinuation of their convergence project.

Please RSVP to




Event Date 16 November

Date And Time

Victoria University of Wellington, Government Buildings
Lecture Theatre 2
23 Lambton Quay