IFRS Foundation staff analysis of the SEC Final Staff Report

by Sabrina I. Pacifici on November 7, 2012

Report to the Trustees of the IFRS Foundation – IFRS Foundation staff analysis of the SEC Final Staff Report – Work Plan for the consideration of incorporating IFRS into the financial reporting system for US issuers. October 22, 2012.

  • “While acknowledging the challenges, the analysis conducted by the IFRS Foundation staff shows that there are no insurmountable obstacles for adoption of IFRSs by the United States, and that the US is well placed to achieve a successful transition to IFRSs, thus completing the objective repeatedly confirmed by the G20 leaders.”
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