Tag Archives: IFRS Roadmap

AICPA Analysis of Comment Letters SECs Proposal

April 27, 2009 U.S. Uniform CPA for the first time in the UAE Registration begins in May and International Administration set for August 2011 During the past several years, the move toward a single set of high quality, globally accepted accounting standards has gained momentum. For example, in 2005 the European Union began requiring companies incorporated…

Response to Roadmap for the Potential Use of Financial Statements 2/19/09

February 19, 2009 NASBA’s comments to the Securities and Exchange Commission (SEC or Commission) on the “Roadmap For The Potential Use Of Financial Statements Prepared In Accordance With International Financial Reporting Standards By U.S. Issuers.” The response discusses the continuing need for the FASB, jurisdictional differences, providing guidance, need for independence, loss of sovereign power,…