FULL DISCLOSURE: SEC Reaffirms Commitment to IFRS Adoption

February 26, 2010

by Eric Krell

The SEC still plans to require U.S. publicly listed companies to move to globally accepted accounting standards, it announced in a meeting this week. The latest development is that the Commission will have its staff create a Work Plan to help evaluate the effect that U.S. companies’ use of IFRS would have on the U.S. securities market.

SEC: IFRS Is (Still) Coming | Source: The Big Fat Finance Blog.

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