SEC staff publishes progress report on work plan for global accounting standards
29 Oct 2010
The SEC has published its first progress report on the Work Plan related to global accounting standards.
The purpose of the Work Plan is to consider specific areas and factors relevant to a Commission determination in 2011 as to whether, when, and how the current financial reporting system for U.S. issuers should be transitioned to a system incorporating IFRS. The SEC expects to continue to report periodically on the status of the Work Plan in 2011.
Click to view SEC's progress report.
