For this assignment, you will submit an essay on the effect the adoption of IFRS will have on future tax planning strategy. The purpose of this assignment is for you to consider how and to what extent the adoption of IFRS in the United States will affect current and future tax planning strategy, both in the short term and the long term.

INSTRUCTIONS
The essay should be written in APA (current edition) format and submitted as a Microsoft Word document labeled lastname_essay2.doc. The body of this essay must be 2–3 pages (double-spaced) in length, not counting the title page and reference page. The essay must cite a minimum of 6 scholarly research sources.

If you are unfamiliar with IFRS, begin by watching the presentation in the Learn section. This presentation presents a basic introduction to IFRS, which you can use as a springboard for deeper research. As this is an essay and not a comprehensive research project, limit your analysis to three or four impacts and/or strategies that will be affected by the adoption of IFRS. Cite at least two separate research sources per issue analyzed.

Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.