AICPA updates IFRS Backgrounder
21 Jan 2011
The American Institute of Certified Public Accountants (AICPA) has updated its publication, International Financial Reporting Standards (IFRS): An AICPA Backgrounder.
This publication describes the regulators, standard setters and others who play a critical role in the adoption of IFRS. The publication also includes information about the convergence activities of the IASB and FASB, as well as information on adoption of IFRSs in the US, including the US Securities and Exchange Commission's recent progress report on its IFRS Work Plan.