At the end of 2010, the IASB and the FASB (Financial Accounting
Standards Board) decided to amend their common work plan in order to
refocus on priority projects. The main objective was to complete the
most important convergence projects by 30 June 2011, in time for the
SEC’s (Securities Exchange Commission) planned 2011 vote on the adoption
of IFRS.
More . . . sdn
by Patricia Meteil-Dutartre is member of SAP EPM
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