SEC’s Chief Accountant Signals End to Convergence Efforts
“There is virtually no support to have the SEC mandate IFRS for all registrants,” James Schnurr tells accountants.
SEC Questions PCAOB’s Focus on Disclosure
If that emphasis is at the expense of PCAOB rule-making, “those priorities need to be re-examined," the SEC's chief accountant says.
FASB Weighs Delaying New Revenue Rule
Accounting standard setters may push back the effective date of new revenue recognition rules, says a FASB assistant director.