“Internationalization of Accounting Standards

After viewing the video “Internationalization of Accounting Standards,” answer the following questions. Of the three areas that the presenter lists that are significantly different between GAAP and IFRS, which of these do you think is the most important as to why the U.S. has not adopted IFRS? Why do you think this? Conduct a search to examine all the possible reasons why the U.S. has not adopted IFRS. List at least one reason that the presenter did not mention.

please review the file for rubric. You can watch the video here. https://youtu.be/CcvRiXnZn7I