U.S. Accounting Practices Shift to International Standards

The accounting profession is about to be faced with an interesting challenge, as it transitions away from traditional U.S. accounting practice to adopt international accounting standards.Dr. Gia Chevis, assistant professor of Accounting and Business Law, is an expert on this issue, which is very important in the accounting and finance industries. She provides a a quick rundown of what changes accountants can expect and what the impact on a typical CPA's job will be.