16 November 2011: FAF comments on SEC ‘condorsement’ paper

Posted by on 16 November, 2011
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The Board of Trustees of the United States Financial Accounting Foundation (FAF), the oversight body for the Financial Accounting Standards Board (FASB), has written to the United States Securities and Exchange Commission (SEC) in relation to the SEC’s May 2011 paper on the possible incorporation of International Financial Reporting Standards (IFRS) into U.S. GAAP (the ‘condorsement’ approach).

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