This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Support for IFRSs at EU-US summit meeting

  • News default Image

01 Jul 2004

An EU-US summit meeting, known as the Trans-Atlantic Business Dialogue (TABD), was held on 25 and 26 June 2004 at Dromoland Castle in Ireland.

Participants included the President of the European Commission, Romano Prodi, together with the President-in-office of the European Council, Taoiseach Bertie Ahern, and US President George W. Bush. A number of EU Commissioners also participated as did the US Secretaries of State and Commerce. The goal of the TABD is to promote closer transatlantic ties and eliminate barriers in the transatlantic market. The TABD agreed to make recommendations to governments on four priority areas, one of which involves IFRSs. The priority areas are (1) open trade and security, (2) intellectual property rights and the fight against counterfeiting, (3) capital markets and International Accounting Standards, and (4) the World Trade Organisation and the Doha Development Round.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.