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SEC Chief Accountant welcomes actions by FASB and IASB

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21 Dec 2003

The Chief Accountant of the US Securities and Exchange Commission welcomed the publication by the Financial Accounting Standards Board (FASB) of proposals that would modify several aspects of American accounting standards to be consistent with the guidance on those issues currently included in international accounting standards.

The Chief Accountant also welcomed the release by the IASB of revised IASs 32 and 39. Click for (PDF 34k).

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