KPMG International hails US' IFRS intentions

KPMG International's chairman hails the US' intention to converge its financial reporting into IFRS

Written by Kevin Reed

Accountancy Age, 19 Nov 2008

KPMG International's chairman has highlighted the importance of the SEC's newly-released road map proposal to converge US reporting to international standards.

Timothy Flynn said the proposal to bring US public companies onto IFRS demonstrates markets are becoming borderless and converged standards best met investors' interests.

Advertisement

'We continue to believe that IFRS has the potential to become a much-needed common language for investors worldwide.'

Further reading:

IFRS to cost $3.5bn for US conversion

SEC thumbs up for 'early adopter' switch to IFRS

Sigh of relief for the IASB - but is it all over?

Comments

Have your say on this article

White papers

Related jobs

More Accounting jobs

Most read

Most commented

Special Reports

Latest

Spotlight

gordon brown

Financial power list 2009

In a year that will shape the future of the...

The year ahead: doom, gloom and the future

IT has been a year of unprecendented turmoil – so...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

THE BIG QUESTION: TAX CUTS
Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement