This paper discusses the noticeable nervousness of many US-based financial statement issuers in adopting IFRS. For contextual purposes, the paper provides an overview of the FASB/IFRS convergence so far and its probable future. A detailed review of convergence in accounting standards is explained through the respective standards for "Pensions…

This paper presents a comprehensive analysis of the link between age and proficiency in information-processing skills, based on information drawn from the Survey of Adult Skills (PIAAC). The data reveal significant age-related differences in proficiencies, strongly suggesting that proficiency tends to "naturally" decline with age. Age…

This brief suggests that Universities of the Third Age (U3As) provide learning opportunities for older adults. Worldwide, they typically take one of two forms. Based on the first U3A founded in 1973, the French model is university based and offers mostly formal courses. Arising in Cambridge in 1981, the British model emphasizes informal,…