InstructionPrepare a 10–12-slide PowerPoint presentation as if it will be presented to an audience of your peers. It should be a complete, polished artifact containing all of the main elements in the rubric below. If needed, refer to the Module Six resources for tips on designing an effective PowerPoint. Contrast rules-based versus principles-based accounting, Provide detailed scenarios (these can be case studies, articles, or any published accounting scenario within the last 5 years) in which GAAP and IFRS would handle the situation differently. Explain the challenges inherent with global corporate governance. State whether you are for or against this proposed change from GAAP to IFRS, defending your position with at least three points. I have attached the Rubric for the full instructions. Please follow them exactly. If you have any questions please message me.