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Why the SEC Won't Flip the IFRS Switch
Risk analysis indicates that the SEC is highly unlikely to require public U.S. companies to use IFRS instead of U.S. GAAP if the two sets of standards remain substantially different. September 2, 2010
Cloudy Future for GAAP
Robert Herz's retirement and the need for FASB to replace him as well as add two new members will likely delay significant changes to U.S. accounting rules. August 31, 2010
Finance Execs React to Herz's Retirement
The FASB chairman's startling announcement has CFOs concerned, but they aren't adjusting their plans for dealing with pending changes to accounting rules. August 26, 2010
Will FASB's Breadcrumb Trail Remain?
The standard-setter will vote on whether to extend the comment period for a controversial disclosure rule that could open up companies to new lawsuits. August 17, 2010
Revenue Rules Could Cause Software Snags
How much will ERP systems have to be tweaked to comply with FASB's new revenue-recognition rules? August 10, 2010
IFRS: More Opportunities Than Threats
Scenario planning reveals few threats and many opportunities within the uncertainties about IFRS in the United States. July 29, 2010
Sucking the LIFO Out of Inventory
The government sees billions of dollars in potential tax revenue sitting on the shelves of company warehouses. July 15, 2010
Major Accounting Changes: When Will They Hit?
Standard-setters recently reshuffled their priority list for accounting convergence. Here's the new schedule. July 13, 2010
GAAP and IFRS: Six Degrees of Separation
A number of technical issues must be resolved before U.S. accounting rules can be converged with international standards, says one expert. June 30, 2010
IFRS: Paralyzed or Prepared?
Despite many uncertainties, U.S. CFOs can still plan intelligently for the impact of IFRS on their companies. June 22, 2010