CPAs add IFRS knowledge but want SEC to allow more time for adoption

05/15/2009 | JournalofAccountancy.com

CPAs gained familiarity with International Financial Reporting Standards over the past six months, according to an AICPA survey. When asked whether they think the Securities and Exchange Commission's proposed timeline should be changed, 47% said it should be delayed. Twenty-two percent supported the proposed timeline, and 6% want it to be accelerated. The remainder were unsure. Read the AICPA news release.

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