You should summarize at least 4 issues from each website. The paper should be no more than 7 single-spaced pages in length, including cover and reference pages. Margins should be 1 inch, with font 12 in either Times New Roman or Arial.
You are required to visit both the FASB (www.fasb.org) and IFRS (www.ifrs.org) websites and review the current years plans of both organizations with regard to standards-setting and updates to current standards.