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July 2012 » Status of Adopting International...
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The first afternoon panel at Baruch College's 11th Annual Financial Reporting Conference on May 3, 2012, focused on the adoption of International Financial Reporting Standards (IFRS) in the United States. The panel brought together preparers, regulators, and users to discuss the endorsement approach to the ongoing convergence project between FASB and the International Accounting Standards Board (IASB), the role of U.S. standards-setting bodies under such a model, and the various transition issues that might arise during the process. Norman Strauss, the Ernst & Young Professor-in-Residence at Baruch, moderated the panel.
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