Tag Archives: FASB

Gaylen Hansen Issues Statement to SEC During IFRS Roundtable

Washington, D.C., July 7, 2011 – NASBA Director-at-Large, Gaylen Hansen, recently served as a panelist for the U.S. Securities and Exchange Commission’s (SEC) Roundtable on International Financial Reporting Standards in the United States. An excerpt from Mr. Hansen’s statement is posted below. “…There are extremely high risks in the ‘condorsement’ approach suggested by the [SEC]…

Written on July 14, 2011 at 4:32 pm, by

Comments Off
Categories: Announcements and News
Tags: , , , , ,

Response to Hearing of the House Services Subcommittee on Capital Markets 4/1/09

April 1, 2009 NASBA responds to the March 12 hearing of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government-Sponsored Entities and the specific bipartisan sentiments on fair value accounting expressed by members of the House of Representatives. NASBA believes the public interest is better served through a time-tested process which purports to…

Written on April 1, 2009 at 8:14 pm, by

Comments Off
Categories: Comment Letters
Tags: , , , , , , , ,

2008 Annual Meeting, Leslie F. Seidman, The Case for Global Accounting Standards

October 28, 2008 International Convergence: Why? A single set of high-quality accounting standards is key to a global reporting system The rest of the world has spoken (not U.S. GAAP) Facilitates world-wide investment Reduces the cost of capital Reduces operational costs See Full Presentation:Global Accounting Standards Report

Written on October 28, 2008 at 7:55 pm, by

Comments Off
Categories: Presentations and Speeches
Tags: , , , , ,

Letter of Comment to SEC from NASBA 11/13/07

November 13, 2007 NASBA comments to the SEC on the “Concept Release on Allowing U.S. Issuers to Prepare Financial Statements in Accordance with International Financial Reporting Standards.” This process allows the best and most desirable characteristics of both accounting systems to be incorporated into a single set of converged accounting principles. Convergence will facilitate the…

Written on November 13, 2007 at 9:27 pm, by

Comments Off
Categories: Comment Letters
Tags: , , , , , ,

Letter from NASBA to FASB 1/24/06

January 24, 2006 At the last annual meeting of the National Association of State Boards of Accountancy (NASBA), a panel discussed the subject of who should be the standard setter for private company generally accepted accounting principles. One of the panelists was Edward Trott, a member of the Financial Accounting Standards Board (FASB). The panel…

Written on January 24, 2006 at 6:26 pm, by

Comments Off
Categories: Comment Letters
Tags: , , , , , , ,

Media & Resources

News
Recent Media Coverage

Blogs/Features
Social Media
Photo Gallery
Video Gallery
Publications
Upcoming & Past Events
Presentations & Speeches
Archives