US SEC releases details of upcoming Roundtable on IFRS
Jul 01, 2011
United States Securities Exchange Commission (SEC) has announced the panelists and final agenda for the International Financial Reporting Standards (IFRS) Roundtable to be held in Washington, DC on 7 July 2011.
The agenda indicates that three separate panels will be held:
- Panel 1: Investor Understanding and Knowledge of IFRS – including discussion on the extent, logistics, and timing necessary to undertake changes to improve investor understanding of IFRS and potential methods of incorporation
- Panel 2: Smaller Public Companies – including discussion on the nature and frequency of capital market activities, costs and benefits of potential IFRS incorporation, the potential methods of incorporation, and FASB's convergence agenda
- Panel 3: Regulatory Environment – including discussion on the current use of U.S. GAAP financial information, steps required and timing necessary to undertake changes to regulation, benefits and challenges, and factors to reduce the costs and efforts of a potential transition to IFRS.
The roundtable discussion will begin at 10 a.m. (US Eastern time) and will be available by webcast on the SEC website. The webcast also will be archived for later viewing.
Click for more information (link to the SEC website).