Thursday, November 05, 2009

US - SEC chief accountant provides update on IFRS roadmap

The US Securities and Exchange Commission (SEC) chief accountant, James Kroeker, recently confirmed the SEC's commitment to provide clarity by late December 2009 on its proposed roadmap for the adoption of International Financial Reporting Standards (IFRS) in the United States. Read the article “SEC Chief Accountant Promises "Clarity" on IFRS Road Map This Fall” at Journal of Accountancy online. Also, watch the video presentation of James Kroeker's remarks at an AICPA/International Accounting Standards Committee Foundation conference in New York.