Wednesday, September 30, 2009

IASB / US - Standard setters comment on progress toward G-20 recommendations

Financial Accounting Standards Board (FASB) Chairman, Robert Herz, and International Accounting Standards Board (IASB) Standards Advisory Council Chairman, Paul Cherry, discuss the progress made toward the Group of 20 nations' recommendations to improve accounting for financial instruments, such as mortgage-backed securities. (View the online video, G-20 Accounting Update, at JournalofAccountancy.com.)