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