United States

SEC May Consider Supplementary Reporting under IFRS in 2016

Dec 15, 2015
From the Financial Reporting View and the IFRS Institute

This edition of Defining Issues reports that nearly six years after the SEC last made a formal statement about achieving a single set of high-quality, global accounting standards, it will consider a staff recommendation about how to further incorporate IFRS into the U.S. financial reporting system.  This may lead to a proposed rule in the first half of 2016.

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