US FAF offers to contribute to the funding of the IFRS Foundation to help facilitate the completion of the joint projects

Posted by on 29 January, 2014
No comments yet
This item was filled under Uncategorized

The US Financial Accounting Foundation (FAF), which is responsible for the oversight, administration, and finances of the Financial Accounting Standards Board (FASB), has announced that it will contribute up to $3 million to the IFRS Foundation “to support the completion of international convergence projects”. The FAF stressed that the contribution, to be made in up to three payments of $1 million during 2014, is non-recurring.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Comment

You must be logged in to post a comment.

«
»