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Tag >> accounting convergence
Oct 19
2010

Input wanted: International accounting convergence

Posted by dbedell in US GAAPSecurities and Exchange CommissionRiskIFRSIASBFASBcomplianceaccounting convergence

dbedell

International accounting standards convergence has taken another small step forward with the FASB's announcement on Tuesday of a request for input on the timing of new accounting and reporting standards.

Comments on the board's discussion paper on convergence timing must be in by January 31 next year, although comments on certain sections of the current convergence plan must be in sooner than that.

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