SEC delays IFRS rule making

Comments (0) | 7 Dec 2011 | Rating | Print by Brad Allen

Commission says it will need a ‘few additional months’ to come up with a final report

‘Ready, set, wait!’ was the message the SEC delivered to US issuers this week concerning the long anticipated guidance on switching to International Financial Reporting Standards (IFRS).

Speaking before the American Institute of Certified Public Accountants (AICPA) meeting in Washington, DC, on Tuesday, the SEC’s chief accountant James Kroeker ...

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