SEC announces roundtable discussions on IFRSs
13 Dec 2007
The US Securities and Exchange Commission will host two roundtable discussions in December on issues surrounding the growing prevalence of International Financial Reporting Standards (IFRSs):
SEC Roundtables on the Growing Prevalence of IFRSs
- The first roundtable, on 13 December 2007, will address the issues arising from the current co-existence of two accounting standards in the US markets. Under current rules, non-US companies with US listings often use IFRSs. The roundtable will consist of two panels, which will look at the effect of allowing foreign companies the choice of whether to use IFRSa or US GAAP) and denying that same choice to US issuers. The first panel will explore these issues primarily from the perspective of US investors, issuers, and markets, and the second panel primarily from the perspective of the global markets.
- The second roundtable, on 17 December 2007, will focus on the practical issues surrounding the possible future use of IFRSs by US companies. The first panel will explore these issues primarily from the perspective of US investors, issuers, and markets. The second panel will discuss the experience of those global markets and foreign companies that have already completed the transition to IFRSs.
- SEC Announcement (PDF 38k)
- Agenda and Participants List 13 Dec 2007 (PDF 37k)
- Agenda and Participants List 17 Dec 2007 (PDF 38k)
- Webcast Information on SEC website.
