October 27, 2008 LOOKING OUT FOR INVESTORS IN A GLOBAL MARKETPLACE Damon A. Silvers, Esq. NASBA Annual Meeting – October 27, 2008 I. Broad approach to globalization in accounting and auditing — need a strategy for achieving a robust global regime II. Accounting A. Optionality in regimes is a mistake B. Convergence is preferable C. Problem of Market-to-Market accounting III. Auditing A. Independent oversight is key IV. Attitudes in Europe are shifting — We need to see Europeans as partners |
