Friday, March 11, 2011

Tweedie Urges U.S. Acceptance of IFRS


WASHINGTON, D.C. (MARCH 10, 2011)

BY MICHAEL COHN
"International Accounting Standards Board chairman Sir David Tweedie made the case Thursday for U.S. businesses and the Securities and Exchange Commission to support International Financial Reporting Standards this year."
It is really odd for the US regulators to delay such a move towards the full adoption of the IFRS. I hope that the time will not come when it becomes too late.