Heads Up: SEC Issues Proposed IFRS Roadmap
Volume 15, Issue 41
The attached issue of Heads Up discusses the SEC’s proposed IFRS roadmap. The roadmap outlines certain milestones that, if achieved, could lead to mandatory transition to IFRSs starting in fiscal years ending on or after December 15, 2014. The roadmap also contains proposed rule changes that would give certain U.S. issuers the early option to use IFRSs in financial statements for fiscal years ending on or after December 15, 2009.
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