SEC Commissioner compares convergence with the search for the Holy Grail
Posted by mostafa on 10 September, 2015
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In a speech to the Institute of Chartered Accountants in England and Wales (ICAEW) and BritishAmerican Business, SEC Commissioner Kara M. Stein remarked that the focus of financial reporting should be on expanding timely access to information and understanding differences between accounting standards rather than directing efforts to converge.