TITLE

Chasm in Accounting Standards Gets Wider

AUTHOR(S)
Adler, Joe
PUB. DATE
July 2012
SOURCE
American Banker;7/30/2012, Vol. 177 Issue 116, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the outlook for U.S. to adopt the International Financial Reporting Standards (IFRS) in light of the Securities and Exchange Commission's reluctance to accept IFRS. The discussion focuses on the U.S.-based Financial Accounting Standards Board (FASB) and International Accounting Standards Board's (IASB's) tentative agreement on loan-loss provisioning.
ACCESSION #
78148269

 

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