SEC Proposes IFRS Roadmap

The SEC will publish for public comment a proposed roadmap that could lead to the use of International Financial Reporting Standards by U.S. issuers, rather that U.S. GAAP, beginning in 2014. The SEC is eyeing to make a decision in 2011 on whether adoption of IFRS is in the public interest and would benefit investors.

The proposed multi-year plan will be published on the SEC’s website when available.

Learn more.

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