Archive for August 18th, 2011

18 August 2011: AICPA recommends optional adoption of IFRS by US public companies in comment letter to SEC

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The American Institute of Certified Public Accountants (AICPA) has submitted a comment letter to the US Securities and Exchange Commission (SEC). The letter expresses support for an “endorsement approach” similar to the one described in the SEC Staff P…

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18 August 2011: Use of more concise English could help reduce translation problems

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In an inaugural professorial lecture given at Victoria University in Wellington, New Zealand,
Professor Rachel Baskerville looked closely at how technical complexity and the lack of concise
English render international accounting standards difficul…

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