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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 and Other Post-Employment Benefits". The paper concludes by suggesting that, while one set of global steps is a noble goal, it might not achieve the desired goal of comparability.

The paper measures the soft skills needs of companies and industry to technical oriented academic graduates, especially coming from IT course programs like business informatics, computer science, or information management. Therefore, between March and September 2010, two groups of researchers at the University of Applied Sciences (UAS) Technikum Vienna analyzed job profiles and the intended denotation of certain keywords. Primarily, one group worked on the statistical content analysis of job offers which could be found in Austrian newspapers or were provided by online job platforms. The other group developed a survey to be sent to several companies in Austria and was addressed to human resources departments. The paper explains the evaluation results in details and discusses its necessary implication on academic curriculum design.