Tag Archives: US GAAP

SEC Chief Accountant Reports on IFRS

State Board Report June 2015 Since December the Securities and Exchange Commission’s staff has been hearing from preparers, investors, auditors, regulators and standard-setters about SEC Chief Accountant James Schnurr’s suggestion that domestic issuers be allowed to provide International Financial Report Standards (IFRS)- based information as a supplement to U.S. GAAP financial statements without requiring reconciliation.…

SEC Continues to Study IFRS

State Board Report December 2011 The Securities and Exchange Commission staff will take “a few additional months” to finish its study on International Financial Reporting Standards, SEC Chief Accountant James Kroeker told an AICPA conference on December 5. However, the staff did release two papers in mid-November, “A Comparison of U.S. GAAP and IFRS” and…

Ensuring Integrity: The Second Annual Auditing Conference

Held in New York City on December 6, 2007, the NASBA CPT co-sponsored this event with the Baruch College Zicklin Center for Corporate Integrity. High profile speakers, such as SEC Deputy Chief Accountant Zoe-Vanna Palmrose and Chief Auditor of the PCAOB and Director of Professional Standards Thomas Ray, provided a forum for interaction between business,…