Scenario planning can ease uncertainty over standards debate

07/30/2010 | CFO.com

Corporate financial officers should plan for specific scenarios that could arise from the ongoing effort to meld U.S. generally accepted accounting principles with International Financial Reporting Standards, writes this columnist. Such scenarios include the possibility of standard-level convergence, a uniform global standard, a decision by the U.S. Securities and Exchange Commission to allow future IFRS and a separate set of standards for private companies vs. public companies.

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