TITLE

Firms jogging, not sprinting, to IFRS

AUTHOR(S)
CARLINO, BILL
PUB. DATE
February 2010
SOURCE
Accounting Today;2/15/2010, Vol. 24 Issue 2, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the slow pace of adoption by U.S. accounting firms of the International Financial Reporting Standards (IFRS), even as 120 countries worldwide have already agreed to implement the conversion. It notes the less-than-enthusiastic response to IFRS convergence by the U.S. Securities and Exchange Commission with the delay in the announcement of its decision for a roadmap. It mentions the commitment of the International Accounting Standards Board and the Financial Accounting Standards Board to convert by June 2011.
ACCESSION #
48462791

 

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