Tag Archives: IFRSF

NASBA Responds to $3 Million FAF Contribution

February 18, 2014 NASBA has been following the U.S. GAAP/IFRS debate for a number of years and has consistently taken a position supporting disciplined convergence, respecting that the Financial Accounting Standards Board (FASB) should continue to be responsible for accounting standard setting in the United States. In late January, the Financial Accounting Foundation (FAF) issued…

Written on February 18, 2014 at 10:34 pm, by

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Categories: Announcements and News, Latest News
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FAF Ups Contribution to IFRSF

State Board Report February 2014 The Financial Accounting Foundation will make a non-recurring contribution of up to $3,000,000 this year from its reserve fund to the International Financial Reporting Standards Foundation, in order to help complete some of the accounting standards convergence projects of the International Accounting Standards Board and the Financial Accounting Standards Board.…

Written on February 18, 2014 at 4:12 pm, by

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Categories: State Board Reports
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