This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

AICPA statement on SEC IFRS work plan

  • AICPA (American Institute of CPAs) (lt green) Image

26 Feb 2010

The American Institute of CPAs has issued a Statement on the Securities and Exchange Commission's Commission's Endorsement of a Plan to work toward incorporation of IFRSs in the US financial reporting system.

The AICPA statement says:

The AICPA believes that it is critical for the SEC to set a date certain for use of IFRS in the U.S. and we urge the commission, as it completes this work plan in 2011, to ensure investor confidence is maintained and key milestones lead successfully to global standards in 2015.

Click to view the AICPA statement on the SEC IFRS work plan.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.