Group wants date for SEC to adopt international standards

09/11/2008 | Financial Week

Accounting regulators want the Securities and Exchange Commission to quicken the pace for its proposed adoption of international accounting standards. "The key to getting people moving is to set a date," said David Tweedie, chairman of the International Accounting Standards Board. Under the proposed framework, companies would switch in 2014, with some moving to the method by 2010.

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