SEC Floats IFRS Timeline; Big Cos. May Start by '09

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SEC Floats IFRS Timeline; Big Cos. May Start by '09 Powered By Docstoc
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Description: I strongly believe that we have to prepare for the alternative that the Commission will determine not to adopt, or permit the use of, IFRS for U.S. issuers. As the milestones presented in the Roadmap show, there are signifi cant hurdles to overcome over the next three years in order for the Commission to determine to accept IFRS reporting from U.S. issuers. Therefore, I strongly support the reconciliation proposal, otherwise known as Alternative Proposal B for early adoption.
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