Share this story with a colleague

U.S. holds key to international standards, Tweedie says

The Securities and Exchange Commission's pending decision on whether to adopt International Financial Reporting Standards for U.S. public issuers and what effect that decision could have on whether other major economies adopt them as well was a key topic of discussion with prominent panelists Sir David Tweedie, Bob Herz, and Paul Cherry on Tuesday at the AICPA in New York. The panelists also talked about political pressures in accounting standard setting; integrated reporting; financial reporting overload; and other topics.