Tag Archives: Carve-Outs

Countries Told to Forgo Carve-Outs

State Board Report October 2009 Representatives from Bermuda, Canada, China, Denmark, Mexico, New Zealand, the Philippines, Poland, the United Kingdom and the State Boards of Accountancy were told by Fermin del Valle, former International Federation of Accountants chair, that they need to consider convergence of standards as adoption, not accommodation, of international standards. Addressing the…