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Combatting complexity in accounting

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13 Dec 2005

Although he touched only briefly on accounting matters, SEC Chairman Christopher Cox made the following observation in his remarks before the New York Economic Club yesterday: "At the recent AICPA convention, both FASB Chairman Bob Herz and I announced our combined efforts to combat complexity in accounting.

This will be an across-the-board effort that will benefit issuers and investors alike." Click for (PDF 67k).

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