TITLE

SEC Chairman Offers Road Map to IFRS Transition by 2014

AUTHOR(S)
Lehmann, R. J.
PUB. DATE
October 2008
SOURCE
Best's Review;Oct2008, Vol. 109 Issue 6, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a proposed road map forwarded by U.S. Securities and Exchange Commission (SEC) chairman Christopher Cox to International Financial Reporting Standards (IFRS) transition by 2014. The proposal establishes a deadline to decide whether a shift from U.S. Generally Accepted Accounting Principles (GAAP) would benefit investors. It allows multinational public companies to use the international standards in SEC filings starting in 2010.
ACCESSION #
34927963

 

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