Review the new 2019 Convergence of Accounting Standards and examine the financial statements of the company you have selected for your Financial Statement Analysis Report. Identify two or three standards that may have the greatest influence on your company’s future financial reporting and explain why they are important. Participate in further discussion by commenting on a peer’s discussion post (responding to a peer in your CLC group is not allowed). In your response, indicate whether you agree or disagree with the peer’s assessment. Furthermore, select one standard your peer did not mention and indicate how this would additionally affect financial reporting for the company on which the peer is reporting.