TITLE

IFRS in the U.S.: The opera star has a ready sung

AUTHOR(S)
MILLER, PAUL B. W.; BAHNSON, PAUL R.
PUB. DATE
November 2014
SOURCE
Accounting Today;Nov2014, Vol. 28 Issue 11, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The authors address the issue of which between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) can provide help to the U.S. Securities and Exchange Commission (SEC) in promoting the U.S. capital markets. They assert that SEC chairperson Mary Jo White does not have the lone authority to accept the International Financial Reporting Standards (IFRS). They also discuss the negative aspects of selecting the IASB as the U.S. standard-setter.
ACCESSION #
99464028

 

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