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Heads Up: SEC Issues First Progress Report on Consideration of Incorporating IFRSs Into U.S. System

Volume 17, Issue 37

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The attached issue of Heads Up discusses the SEC staff’s first public progress report on its efforts and observations to date under its “Work Plan.” The Work Plan addresses specific areas of concern related to the incorporation of IFRSs into the U.S. financial reporting system.

Read more in the file attached below or visit the Heads Up Archive for past issues.

Heads Up and other information on accounting and financial disclosure also can be found in the Technical Library: The Deloitte Accounting Research Tool. Technical Library, a subscription-based research tool, includes material from the Financial Accounting Standards Board (FASB), Emerging Issues Task Force (EITF), AICPA, Securities and Exchange Commission (SEC) and International Accounting Standards Board (IASB), in addition to our own accounting manual and interpretive accounting guidance. Updated every business day, the Technical Library has an intuitive design and navigation system. Powerful search features enable users to locate information quickly, at any time and from any computer.