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FASB vice chairman remarks on FASB initiatives

  • Speech — dark blue Image

Jun 06, 2014

On June 5, 2014, FASB Vice Chairman James Kroeker delivered a speech at the thirty-third annual SEC and Financial Reporting Institute Conference in Pasadena, California.

Mr. Kroeker presented his views on the FASB’s current and future tasks, including restructuring the Board’s agenda to address more urgent projects, the simplification initiative, concluding the remaining joint projects with the IASB, and actions the FASB is taking on the global standard-setting front (i.e., ASAF membership, collaboration with national standard setters, and the ongoing efforts to enhance the comparability of U.S. GAAP and IFRSs).

The full transcript of the speech is available on the FASB’s Web site.

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