Should The SEC Adopt International Financial Reporting Standards?
2011 ◽
Vol 16
(1)
◽
pp. 15-20
Keyword(s):
In 2002, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) formally began a process to converge Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). By the end of 2011, the SEC will likely decide on whether to adopt International Financial Reporting Standards as the financial reporting system for U.S. public companies, continue with the convergence project, or reject IFRS altogether. This paper examines the benefits and drawbacks of each option and formulates a recommendation as to which option is in the best interest of U.S. investors.
2013 ◽
Vol 12
(2)
◽
pp. 223
◽
Keyword(s):
2019 ◽
Vol 21
(3)
◽
pp. 361
2015 ◽
Vol 89
(4)
◽
pp. 120-121
Keyword(s):
2021 ◽
Vol 11
(2)
◽
Keyword(s):