SEC announces roundtable discussions on IFRS

The US Securities and Exchange Commission (SEC) will host two roundtable discussions in December 2007 on issues surrounding the growing prevalence of International Financial Reporting Standards (IFRS). The first roundtable on December 13 will address the issues arising from the current co-existence of two accounting standards in the US markets. The second roundtable on December 17 will focus on the practical issues surrounding the possible future use of IFRS by US companies. (View the SEC Press Release and Roundtable Agendas.)