TITLE

What's So Important About International Financial Reporting Standards?

AUTHOR(S)
Bodine, Stephen W.
PUB. DATE
February 2009
SOURCE
National Public Accountant;2009 Tax Season, Vol. 8 Issue 1, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the importance of the U.S. Securities and Exchange Commission's (SEC) multi-year proposed roadmap to the International Financial Reporting Standards (IFRS). Under the proposal, issuers are one step closer to moving from using the generally accepted accounting principles (GAAP) to IFRS. It states that the roadmap covers the types of companies that will need to adopt IFRS, as well as the recommended disclosures companies need to make before converting to IFRS.
ACCESSION #
36112376

 

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