TITLE

SEC Defers IFRS Decision Until 2011

AUTHOR(S)
Morgan, John
PUB. DATE
March 2010
SOURCE
Money Management Executive;3/1/2010, Vol. 18 Issue 9, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the support and approval set by the U.S. Securities and Exchange Commission (SEC) for the convergence of International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP). The act of converging seeks to nail down the differences between GAAP and IFRS until 2011. The work plan of the SEC tries to consolidate comprehensive accounting standards for investors in the U.S.
ACCESSION #
48589044

 

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