Journal of Accountancy interview with FASB Chairman Leslie Seidman
18 Apr 2011
The Journal of Accountancy (JoA) has published a five-part series of articles discussing an interview with FASB Chairman Leslie Seidman.
The topics covered include:
- the IASB-FASB projects on revenue recognition, financial instruments and leases
- the possible 'condorsement' approach to the adoption of IFRSs in the United States
- the prioritisation of FASB projects going forward.
In relation to convergence, Sir David Tweedie and Leslie Seidman have recently conceded that they need to extend the timetable for several of their projects with an intention to finish the convergence programme by end of 2011. See our previous article for more details.
Click for Part 5 of the JoA article (link to the JoA website). Links to the other articles in the series are available at the bottom of Part 5.