Tuesday, May 05, 2009
AICPA analysis of comment letters to SEC on IFRS roadmap
Many of the comment letters to the Securities and Exchange Commission (SEC) on its International Financial Reporting Standards (IFRS) Roadmap expressed support for the goal of high-quality, globally-accepted accounting standards. But, the Roadmap also triggered numerous criticisms. The video IFRS: SEC Roadmap Update highlights some of the most important issues with IFRS adoption. (Read Where Will the SEC Take the IFRS Roadmap?An AICPA Analysis of Comment Letters on the SEC's Proposal.)