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Comment deadline on SEC IFRS Concept Release

  • SEC (old) Image

06 Nov 2007

We remind IAS Plus visitors that the comment deadline is 13 November 2007 for responding to the US Securities and Exchange Commission's Concept Release on Allowing US Issuers to Prepare Financial Statements in Accordance with IFRSs.

The SEC voted unanimously to publish the release on 25 July 2007. Broadly stated, the release invites comment on whether to allow US issuers, including investment companies, to prepare their financial statements using IFRSs as published in English by the International Accounting Standards Board. Under the SEC's current rules, US issuers are required to follow US GAAP.
Click to view Concept Release on Allowing US Issuers to Prepare Financial Statements in Accordance with IFRSs (PDF 571k).

 

Correction list for hyphenation

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