Chairman Cox's remarks on the IFRS reconciliation
20 Nov 2007
The US Securities and Exchange Commission has made available a video recording of the remarks of SEC Chairman Christopher Cox, at the Commission's 15 November 2007 meeting, in support of the proposal that foreign companies may submit financial statements to the Commission using IFRSs as adopted by the IASB without having to include a reconciliation of the IFRS data to US GAAP.
The Commission approved the proposal at that meeting (see our News Story of 16 Nov 2007. You can download the video of Chairman Cox's remarks in two formats:
- Windows Media Player (WMV 14mb)
- QuickTime (MOV 15mb)