SEC strategic plan includes global accounting standards
Aug 08, 2004
The US Securities and Exchange Commission has published its Strategic Plan for 2004-2009 (PDF 1,783k).
Companies and investors benefit when financial statements, accounting standards, and auditing procedures mean the same thing from country to country. When one set of high-quality standards is applied anywhere in the world, the cost of accessing capital markets is likely to be reduced, and information disclosed to investors in one country can be as relevant and meaningful to investors in other countries.