14 April 2011: Chairmen of the IASB and FASB provide an update on the convergence timeline
Posted by mostafa on 14 April, 2011
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In a recent podcast, Sir David Tweedie, Chairman of the IASB, and Leslie Seidman, Chairman of the FASB, discuss the achievements of the convergence project and the revised timeline for completing the remaining projects. The IASB and FASB will be extending the timeline for completing their convergence projects on revenue recognition, leases, financial instruments and insurance contracts.