G-20 addresses accounting issues at financial summit:

11/17/2008 | JournalofAccountancy.com

Leaders of 20 of the world's richest nations agreed on common principles to guide financial-market reform at the Summit on Financial Markets and the World Economy in Washington on Saturday. G-20 financial ministers were charged with accomplishing "immediate" high-priority tasks designed to strengthen financial-market transparency and accountability as early as March 31. Several of the designated tasks related to accounting-standards setting.

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