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FASAC members comment on convergence

  • FASB (old) Image

19 Oct 2004

The US Financial Accounting Standards Board has posted on its website the findings of its annual survey of members of the Financial Accounting Standards Advisory Council.

One interesting finding is that "FASAC members generally would not automatically assign a higher priority to projects that provide international convergence opportunities. Nor do they believe that the Board should always add a project to its agenda because the IASB does". Click to view or download the report of the Annual FASAC Survey.

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