TITLE

CONVERGENCE OF IFRS AND US GAAP

AUTHOR(S)
CAIRNS, DAVID
PUB. DATE
November 2012
SOURCE
Accountancy;Nov2012, Vol. 149 Issue 1431, p62
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on convergence efforts between the International Accounting Standards Board (IASB) with U.S. accounting standards. It states IASB chairman Hans Hoogervorst warned that the era of convergence was coming to an end after a U.S. Securities and Exchange Commission (SEC) report was released stating additional analysis would be required before the SEC could make a decision. It mentions that the U.S. Financial Accounting Standards Board also seems unwilling to convergence standards.
ACCESSION #
83207301

 

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