IFRS and U.S. GAAP Convergence – Trending?????

Trending this week – U.S. adoption of IFRS.

But who would have thought that it would be mentioned in the final statement on the economic discussions between the U.S. and China.  But it was:  http://www.iasplus.com/en/news/2012/may/united-states-and-china-reaffirm-commitment-to-global-standards. (with thanks to iasplus.com, a Deloitte & Touche global accounting site).

As yet, no word from the U.S. Securities and Exchange Commission.

 

Advertisements

About docjonz

I am an Associate Professor of accounting at Hofstra University in Hempstead, NY. Additionally, I have more than 30 years of professional accounting experience in various capacities including auditing, accounting standard setting and corporate accounting policy.
This entry was posted in IFRS Adoption in U.S. and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s