Analyze the standard setting bodies and regulatory authorities of the financial

Analyze the standard setting
bodies and regulatory authorities of the financial reporting industry. Define
their roles in financial reporting and list their desirable attributes related
to each body. Explain how the Conceptual
Framework for Financial Reporting assist users in financial reporting. Debate the
pros and cons of Generally Accepted Accounting Principles fully converging to International
Financial Reporting Standards in the United States.
Prepare a 2 to 4 page Word
document detailing the information above.