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SEC Proposes Roadmap Toward IFRS

The SEC issued a press release indicating that they will issue a proposed roadmap for the SEC to adopt IFRS.  The press release can be found here.  A Wall Street Journal article about the announcement can be found here.

Under the roadmap, in 2010 about 110 large companies would begin reporting using IFRS.  All other companies would use IFRS by 2014.  The proposed roadmap will be open for public comment for 60 days.

Posted on Thursday, August 28, 2008 at 06:57AM by Registered CommenterCharlie in | CommentsPost a Comment

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