SEC Staff Proposal to Incorporate IFRS in the US
Published on:
July 28, 2011
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the Work Plan for the Consideration of Incorporating International Financial Reporting Standards into the Financial Reporting System for U.S Issuers – Exploring a Possible Method of Incorporation – A Securities and Exchange Commission Staff Paper (May 26, 2011). SIFMA continues to fully support the overall objective of convergence of global accounting standards, and believes that the approach described in the Staff Paper is reasonable. SIFMA offers its observations and recommendations regarding certain key areas of the plan.