FASB Chairman on IFRSs: “one size does not fit all”
Posted by mostafa on 11 August, 2015
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In the latest issue of the FASB’s quarterly e-newsletter, “FASB Outlook,” Chairman Russ Golden discusses the importance of “comparable” global accounting standards while noting that the United States is “unlikely” to adopt IFRSs or give public companies the option of using IFRSs when filing financial statements with the SEC.