Symposium on convergence in Korea
14 Jun 2007
The Korea Accounting Standards Board (KASB) held a symposium on Present and Future of Convergence between US GAAP and IFRSs on Thursday 7 June 2007 in Seoul.
Robert H Herz, Chairman of the US Financial Accounting Standards Board, was the keynote speaker. He presented a background on the US financial reporting system, offered a US perspective on FASB international convergence, and commented on the 'principles versus rules' debate. Click to download:
- Mr Herz's Presentation (PDF 31k)
- Brief Summary of the Symposium prepared by the KASB staff (PDF 11k)